Economy

Champasak Signs Deal for New 5-MW Solar Power Project

Authorities in Champasak signed a concession agreement on 3 July with a private company to develop a 5-megawatt (MW) solar power project in Pathoumphone district. The project forms part of Laos' efforts to expand renewable energy, improve electricity supply in rural areas, and strengthen the national power grid. Xaysomboun Chaloensub Road-Bridge...

Myanmar’s Leader Wraps First ASEAN Visit in Laos, Signs Mekong Dam Study

Myanmar's recently elected President, Min Aung Hlaing, who seized power in the 2021 military...

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,...

Former EDL Executives, Senior Officials Get Life in Landmark Laos Corruption Cases

On 1 July, the Vientiane Capital People’s Court announced verdicts in four major corruption...

Vientiane Completes New 9.3-Kilometer Mekong Embankment

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

Iran-US- Israel Ceasefire Offers Laos Fuel Relief After Six Weeks of Crisis

On 7 March, The United States, Israel, and Iran agreed to a two-week ceasefire in the Middle East, temporarily halting hostilities and reopening strategic...

Vientiane Authorities Order Businesses and Major Retail Chains to Hold Prices Ahead of Pi Mai Lao

Authorities in Vientiane Capital have instructed businesses, markets, local sellers, and major retail chains to keep prices stable ahead of Pi Mai Lao, as...

Laos PM Orders Tighter Safety Rules for Tourism Sector

Laos’ Prime Minister Sonexay Siphandone has called for stricter safety measures across Laos’ tourism sector, with a focus on high-risk and emerging activities, as...

Vientiane Province-Luang Prabang Road Fully Reopens with New Toll System

National Road No. 22, commonly known as Phou Kao Lak, which traverses this notorious mountain stretch connecting Vientiane and Luang Prabang provinces, reopened on...

Laos Auditors Uncover Billions in Budget Violations in 2025

Laos' State Audit Office audited 154 targets in 2025, hitting 100 percent of its annual plan and recovering LAK 5,303.17 billion (approximately USD 244...

Southern Laos Joins Vietnam, Thailand to Push East-West Economic Corridor Forward

Top officials from Laos, Vietnam, and Thailand met in Pakse on 3 April to revive East-West Economic Corridor, a 1,450-kilometer route linking the region. With...