Business

Laos Inflation Edges Up in July, Electricity Prices Surge 91.5% Year-on-Year

Electricity prices jumped 91.5 percent in July compared to the same month last year, becoming one of the main factors behind a slight increase in Laos’ inflation rate, which rose to 7.6 percent from 7.4 percent in June. According to the latest figures from the Lao Statistics Bureau, the sharp...

Online Sellers Face Renewed Enforcement of Business Registration Rules

Online sellers in Vientiane must register as businesses and obtain an e-commerce licence or...

Former MRC Chief Anoulak Kittikhoun Named First Lao Head of Mekong Institute

Former Mekong River Commission (MRC) Chief Executive Officer Anoulak Kittikhoun has been appointed Executive...

Trade, Energy, Tourism Drive Laos-Vietnam Economic Ties Past USD 1.3 Billion

Trade between Laos and Vietnam reached USD 1.305 billion during the first six months...

Sihom Night Market Vendors Left in Limbo Ahead of 25 July Closure

Sihom Night Market in Vientiane Capital will officially close on 25 July, but with...

CLMV Nations to Partner In Tourism, Banking

Cambodia, Laos, Myanmar and Vietnam (CLMV) have reaffirmed their commitment to strengthen their cooperation in promoting their countries as a single tourism destination. The countries'...

Laos, Malaysia Boost Trade And Investment Cooperation

Laos and Malaysia will boost cooperation in trade and investment to strengthen their existing bilateral relations. The collaboration was confirmed during a bilateral meeting between...

Luang Namtha Eyes Economic Growth of Not Less 9.5 Percent

Luang Namtha province aims to grow its economy by not less than 9.5 percent a year, with revenue equating to about 12 million kip per...

Saravan’s Total Trade Value Grows By 17.76

The value of trade in Saravan province climbed to more than 1.5 trillion kip over the first nine months of this fiscal year, up...

Quality Checks On Imported Fuel Begin At Friendship Bridge

The Ministry of Science and Technology has begun checks on the quality of imported fuel at the Laos-Thai Friendship Bridge in Vientiane. A ceremony to...

Asean Economic Officials Agree to Report Laos’ Priority Deliverables

Senior economic officials from the 10 ASEAN member states and delegates have agreed on the eight priority deliverables for the ASEAN Economic Community that...