Development

Laos Collects USD 12 Million in Digital Taxes From Global Tech Companies

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,...

Vietnam, Philippines Reach Upper-Middle-Income Status as Laos Eyes 2035 Target

Vietnam and the Philippines have been reclassified as upper-middle-income economies by the World Bank,...

Vientiane Completes New 9.3-Kilometer Mekong Embankment

On 1 July, Vientiane officially opened a new 9.3-kilometer stretch of Mekong riverfront featuring...

Laos Reports Economic Growth as Inflation Slows to 7.4 Percent in June

Laos recorded 5 percent economic growth in the first half of 2026, while inflation...

Japan Approves USD 2.3 Million Scholarship Grant for Lao Civil Servants

Japan has approved JPY 378 million (USD 2.3 million) in scholarship funding to support...

International Monetary Fund Says Laos Economy Stabilizing but Risks Remain

Laos has made progress in stabilizing its economy after a period of high inflation and exchange rate pressure, but significant risks remain, according to...

Thahao Reservoir Irrigation Project Set to Benefit Over 2,100 Families in Savannakhet

The Thahao reservoir and irrigation project currently under construction in Savannakhet Province is expected to benefit 2,174 families once completed. Located in Nakhum village, Outhoumphone...

Japan Supports Water Supply Improvements in Phongsaly Province

Japan has provided grant assistance of USD 17,400 to support a new water supply project in Phongsaly Province, aimed at improving access to safe...

Fifth Lao-Thai Friendship Bridge Generates LAK 47.5 Billion in First Month of Operation

The 5th Lao-Thai Friendship Bridge, which officially opened on 27 December 2025, generated more than LAK 47.5 billion (approximately USD 2.2 million) in state...

Laos, China Boost Oversight of Key Projects Ahead of 65th Anniversary

Laos and China are ramping up the monitoring of key infrastructure and energy projects as they prepare for the 65th anniversary of their diplomatic...

Lao Government, Thai Firm Sign Deal for 100MW Solar Farm in Bolikhamxay

The Government of Laos and Thai company APDL Solar Power Sole Co., Ltd. signed an agreement on 25 February to conduct a feasibility study...