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...

Inflation Hits 9.7 Percent as Fuel Prices Drive Sharpest Rise in Years

Laos is facing mounting inflationary pressure, with prices accelerating sharply through the first quarter of 2026, according to the latest report by the Ministry...

Laos-China Railway Surpasses 80 Million Tonnes of Cargo Since Late 2021

The Laos-China Railway (LCR) has transported more than 80 million tonnes of cargo since its launch in December 2021, cementing its place as one...

Lao Government Secures 14 Million Liters of Diesel to Address Fuel Shortage

The Lao government is working quickly to stabilize the country’s energy supply amid ongoing disruptions in global markets caused by the escalating conflict in...

Laos Seeks Approval for USD 1.3 Billion Railway to Vietnam

The Lao government has submitted a proposal to the National Assembly to move forward with a planned railway linking Laos to Vietnam’s Vung Ang...

Laos Reviews Minimum Wage Increase as Living Costs Rise

Lao authorities are reviewing a proposed increase to the national minimum wage, with figures under discussion reaching up to LAK 4.1 million (USD 190)...

Vientiane Launches Flat-Fare Bus Services Amid Fuel Crisis

Vientiane authorities have announced a temporary expansion of discounted public bus services to ease the impact of the ongoing fuel shortage, offering commuters a...