Economy

Laos Moves to Update Electricity Law for Energy Sector Shift

Laos is moving to update its electricity sector as the government prepares to adopt a revised Electricity Law aimed at supporting a greener, more modern and sustainable energy system. The current Electricity Law, adopted in 2017, no longer fully reflects changes in how electricity is generated, traded and managed, according...

Laos Cuts 7-Day Base Interest Rate to 7% as Economic Risks Persist

The Bank of Laos (BOL) has cut its seven-day base interest rate from 8...

Prime Minister Calls for Tighter Oversight of Boten SEZ Amid Development Challenges

Prime Minister Sonexay Siphandone has called for stronger management of the Boten Special Economic...

Laos-China Railway Trade Surges as Cross-Border Freight Hits New Highs

Trade along the Laos-China Railway continued to grow sharply in the first half of...

Laos Identifies Two New Rare Earth Target Areas Across Four Provinces

Laos has completed field surveys and identified two major potential rare earth target areas...

Lao Government Allocates USD 960 Million for 2025 Development Projects

The Ministry of Planning and Investment announced the approval of 746 State investment projects for 2025, with a total value of LAK 20,957 billion...

Houaphanh Province to Expand Flight Services Amid Tourism Boom in 2025

Starting January 2025, airlines are set to increase flights to Houaphanh province to accommodate the growing number of tourists. On 26 December, Malaythong Bounyaxay, Head...

LOCA Sparks EV Revolution in Laos with 40 Fast-Charging Stations

In response to the rising adoption of EVs, LOCA, an electric vehicle (EV) infrastructure in Laos, has set up 40 fast-charging stations across Laos...

Mekong River Commission Launches Education Hub, One Mekong App in Vientiane

On 23 December, the Mekong River Commission (MRC) celebrated the opening of its Education and Visitor Center and the launch of the One Mekong...

Companies Struggling to Pay Employees Under New Wage Rules

Despite a recent nationwide increase in the minimum wage, many employers in Laos are still paying their workers less than the mandated amount. Employers argue...

Bamboo Concession Project to Boost Local Economy in Oudomxay Province.

On 20 December, Oudomxay Province signed a concession agreement with Ammata Lao Lanexang Co., Ltd., a private company, granting them the rights to utilize...