Economy

Bear Paws, Pangolin Meat Seized in Vientiane Restaurant Raid Amid Laos’ Wider Crackdown

Lao authorities have stepped up their crackdown on illegal wildlife trade after raiding a Chinese-owned restaurant in central Vientiane, one of several wildlife enforcement operations carried out this year. On 18 May, officers from the Law Enforcement Network for Aquatic Animals, Wildlife and Forestry (LAO-WEN) inspected a restaurant in Chommany...

Laos Formalizes Shanghai Cooperation Organization Dialogue Partner Status

Laos has strengthened its regional ties after formally confirming its status as a Dialogue...

Global Financial Bodies Warns of Slower Growth, Higher Inflation for Laos in 2026

Laos' economy is expected to continue expanding this year, even as slower growth and...

Railway Expansion, Education Reform Among Key Issues at National Assembly

Expanding the railway to southern Laos, rolling out a new school system, reducing poverty,...

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...

Lao Govt Debunks News of Fuel Shortage, Affirms Fuel Distribution Still Strong

The Lao Fuel and Gas Association (LFGA) and the Ministry of Industry and Commerce (MOIC) have assured residents that the country's fuel distribution situation...

ADB Lowers Laos’ 2023 Economic Growth Forecast to 3.7 Percent

According to the Asian Development Bank (ADB), economic growth in Laos will be slower than expected due to weaker growth prospects in China, adverse...

Fuel Company: Laos Could Face Renewed Fuel Shortages

Laos could face renewed fuel shortages if the current situation regarding foreign exchange is not quickly rectified, fuel companies have warned. PTT Lao Limited, the...

Laos-China Railway Purchases New Train to Boost Passenger Travel

Laos-China Railway Company has purchased a new electric multiple-unit (EMU) train, which will be delivered today, to support domestic and international tourist demand. “A new...

Laos to Benefit From Singapore’s Renewable Energy Shift

As ASEAN countries ink deals to move away from fossil fuel consumption and toward renewable energy sources, Laos is set to benefit from this...

Lao Agriculture Ministry Proposes Ban on Imports of Certain Vegetables, Pork, Beef, and Fish

The Ministry of Agriculture and Forestry (MOAF) proposed a ban on imports of certain vegetables and other agricultural products to boost domestic production and...