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...

Golden Triangle SEZ Tax Revenue Plunges 49% in 2025 as Hundreds of Businesses Shut Down

Tax revenue in the Golden Triangle Special Economic Zone (SEZ) in Bokeo Province dropped nearly 49 percent in 2025, following the closure of 551...

Laos, The Asia Foundation Team Up to Protect Nature, People

The Asia Foundation - On 23 February, the Department of Environment under Laos’ Ministry of Agriculture and Environment, signed a partnership agreement with The...

Laos Prioritizes Self-Reliant Economy in Next Five Years

The Lao government has planned to build a self-reliant and sustainable economy, leaders said Prime Minister Sonexay Siphandone at the latest government meeting on...

Supreme Court Blocks Trump Tariffs, 15 Percent Levy Keeps Pressure on Laos

A landmark US Supreme Court ruling has reshaped Washington’s trade policy, but for small economies like Laos, the relief may prove temporary. On 20 February,...

Asian Development Bank Beefs Up Lao Livestock with USD 42.9 Million Project

Lao authorities have launched a new livestock development project backed by USD 42.9 million in funding from the Asian Development Bank (ADB). The financing package...

Seven New Ambassadors Present Credentials to Lao President

On 17 February, President of Laos Thongloun Sisoulith received letters of credence from seven newly appointed foreign ambassadors. The ambassadors represent Thailand, Finland, Egypt, Georgia,...