Business

Laos Studies USD 1 Billion Vientiane-Lidu Industrial Park in Pakngum

On 13 August, Laos agreed to study the development of a new industrial park in Vientiane, with the proposed project expected to attract around USD 1 billion in investment. The feasibility study for the Vientiane-Lidu Industrial Park will cover 307 hectares across four villages in Pakngum district and is expected...

Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...

Lao Authorities, Lao Bank Seek Legal Action Against Thai Media Over Money Laundering Claims

On 31 July, Lao authorities and Lao Development Bank (LDB) met with Thailand's Central...

Chinese Commerce Chamber Urges Businesses in Laos to Cut Ties with Scam Networks

The General Chinese Chamber of Commerce in Laos has told its members to check...

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,...

Laos Restores Higher Fuel Excise Taxes as Emergency Relief Measures End

On 24 June, Laos reinstated higher excise taxes on fuel, restoring regular gasoline tax from 15 percent to 25 percent and increasing diesel tax...

Laos, China Approve Seven New Development Projects Worth USD 3.31 Million

Laos has secured seven new development projects worth USD3.31 million under the Mekong–Lancang Special Fund for 2026, as it deepens cooperation with China on...

Lower Fuel Prices Bring Relief, But Many Eye EVs as Living Costs Rise

UPDATED on 12 June at 11PM with a correction on the number of provinces covered by EV stations Fuel prices in Laos have declined steadily...

‘Hidden Hands’ Cave Opens as New Tourism Site in Khammouane

On 8 June, authorities in Khammouane Province have officially opened Hidden Hands Cave (Tham Pha Mue) to visitors, marking the launch of a new...

Vang Vieng Gears Up for USD-216M Tourism Overhaul as Old Airport Transforms

Preparations are underway for a USD 216 million tourism complex at the old airfield in Vang Vieng. Lao Yijin Group Co., Ltd. is leading the...

Bank of Laos Responds to EU Sanctions Against Lao Bank

The Bank of Laos (BOL) has publicly addressed European Union (EU) sanctions imposed on the Joint Development Bank (JDB), which threatened the bank’s international...