In the first half year of 2023, the price of goods and services in Laos increase by 38.06% (Photo:vientianetimes.org.la)
Vientiane (VNA)🌳 - The Lao government is prioritising the rolling out of tough measures tosolve economic difficulties and control inflation.
According to Prime Minister Sonexay Siphandone, temporarily measuresinclude focusing on gradually ensuring the balance ofinternational payments, managing exchange rates, regulating the exchange rates between commercial banks, and encouraging currency exchange through the bankingsystem, among others. The leader said medium- and long-term measures include strengthening the management of foreign currency market, strictly controlling payment and money transferactivities of import-export enterprises and investors both home and abroad. Besides,the government will take measures for items that directly affect people'slives, such as prices of goods and service charges for increased commoditygroups like food, fertiliser and animal feed, among others. Inflation rate in the country fell from 41% in March to 28.8% in June. In the first half year of 2023, the price of goods and services in Laosincreased by 38.06%, affecting the daily life of households acrossthe country./.
Lao Ministry of Industry and Commerce (MTC) has proposed measures to promote the country’s domestic production and reduce imports, during the ongoing 5th ordinary session of the 9th National Assembly.
Laos has seen a strong rise in the number of dengue fever cases recently, mostly due to ineffective preventive measures, according to the Lao Ministry of Health.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
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Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
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Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
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Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
In the first half year of 2023, the price of goods and services in Laos increase by 38.06% (Photo:vientianetimes.org.la) 
