Economy

Vientiane’s Smart Road Cleaning, Cooling Pilot Project Nears Completion

Vientiane’s Smart Clean-Cooling Road System pilot project has reached 95 percent completion, and contractors expect to finish all work in October, the contractor said. The project is the first of its kind in Laos and a pilot in the center of the capital. The contractor company, Muanglao Development Co., Ltd,...

Laos Inflation Rises to 7.8 Percent in September as Education, Utility Costs Climb

Laos’ inflation rate rose to 7.8 percent in September, up from 7.7 percent in...

African Swine Fever Disrupts Pork Supplies, Beef Prices Rise in Vientiane

The pork shortage is putting pressure on Vientiane’s meat markets as African swine fever...

Corruption Crackdown in Laos’s Attapeu Province Uncovers Millions in Financial Irregularities

Attapeu authorities have detailed five years of corruption investigations and financial irregularities, including a...

Lao Migrant Workers Send Home USD 500 Million in First Seven Months of 2026

Lao migrant workers sent an estimated USD 500.7 million back to Laos during the...

Nam Theun 2 Power Company Boosts Lao Government Revenue with Significant Tax Contribution

Nam Theun 2 Power Company handed over more than USD 15 million in income taxes from its electricity production in 2023 to the Lao...

Luang Prabang Approves New Economic Zone for Tourism, Economic Growth

Luang Prabang is set to launch a new economic zone for the development of ecology, agriculture, and tourism at a 7,693-hectare site in Luang...

Malaysia Pledges Support to Elevate Industrial, Commercial Standards in Laos

Malaysia has pledged its support to enhance industrial and commercial standards in Laos to promote trade between the two nations. This commitment was reiterated during...

Adapting to Adversity: How Lao Citizens Cope with Economic Challenges

Over the past four years, starting with the onset of COVID-19 in 2019, Laos has experienced a significant economic shift. The current economic woes,...

LOCA Secures Funding from ADB Frontier to Expand Electric Vehicles Fleet, Charging Network

LOCA, Laos's leading mobility service provider, has received significant funding from the Asian Development Bank (ADB) through ADB Frontier, with support from the United...

Regional Partners Cooperate to Enhance Disaster Monitoring, Response in ASEAN

The Mekong River Commission (MRC) Secretariat and the ASEAN Coordinating Centre for Humanitarian Assistance on Disaster Management (AHA Centre) have agreed to deepen their...