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Long before the creation of LNTV, Laotians had access to overspill television signals from neighboring Thailand. Lao National Television was established and began broadcasting television programs on December 1, 1983. At that time, the television station carried out pilot broadcasts twice a week, and later gradually increased the broadcast time.
Name Abbv. Established Capital Website Notes Banque pour le Commerce Exterieur Lao Public BCEL 2 December 1975 bcel.com.la: Lao Development Bank
The economy of Laos is a lower-middle income developing economy.Being one of the socialist states (along with China, Cuba, Vietnam, and North Korea), the Lao economic model resembles the Chinese socialist market and/or Vietnamese socialist-oriented market economies by combining high degrees of state ownership with openness to foreign direct investment and private ownership in a predominantly ...
The National University of Laos is the Lao state's public university. As a low-income country, Laos faces a brain-drain problem as many educated people migrate to developed countries. It is estimated that about 37% of educated Laotians live outside Laos. Laos was ranked 110th in the Global Innovation Index in 2023. Culture
Internet in Laos. The Internet in Laos was first introduced in 1997, with the two commercial ISP services starting in 1999, specifically PlaNet Computers and GlobeNet. These supported a rapid growth of internet cafes across the country to service tourists, which incidentally introduced the internet to many English speaking Lao nationals.
Khene. In the United States, the top master khaen artist is a blind Laotian-born player, Bounseung Synanonh. Master Synanonh started playing the khaen at age twelve and later lost his eyesight at age 15. Master Synanonh immigrated to the U.S. as a refugee in the early 1980s. [8] In 1987, he performed for President Reagan at the White House.
The Bank of Laos governor announced on January 25, 2012, that the Bank of Laos would issue 100,000 Kip banknotes as a regular issue on February 1, 2012 (but dated 2011) to encourage Lao people to use the national currency instead of U.S. dollars and Thai baht. As of 2019, the ₭500 note is the smallest one commonly in circulation.
The president of the Lao People's Democratic Republic is the head of state of Laos. The current president is Thongloun Sisoulith , since 22 March 2021. He was previously elected as the General Secretary of the Lao People's Revolutionary Party , Laos' most powerful position in January 2021, ranking him first in the Politburo .