Laos has collected approximately USD 12 million in digital taxes from global technology companies since introducing its digital tax system in late 2024, according to Deputy Prime Minister and Minister of Finance Santiphab Phomvihane.
The tax applies to foreign digital service providers without a physical presence in Laos, including Microsoft,...
The International Monetary Fund (IMF) has projected that Laos’ economy will expand by 4.5 percent in 2026, supported by stronger exports, rising tourism, foreign...
The Asian Development Bank (ADB) has approved a USD 36 million financing package to strengthen technical and vocational education and training (TVET) in Laos,...
The government has greenlighted a nationwide overhaul of local governance, approving the establishment of 640 new sub-districts, or Taseng, which will replace villages as...
Starting this September, households in Laos that use up to 300 kilowatt-hours (kWh) of electricity each month will see their utility bills reduced, thanks...
The Bank of the Lao PDR (BOL) is intensifying efforts to tackle corruption and internal mismanagement after inspection teams uncovered 181 cases of embezzlement...
