Economy

Laos Border Checkpoints Report Strong Revenue Growth in First Half of 2026, Exceed Targets

Laos’ international border checkpoints collected strong state budget revenue in the first half of 2026, with several crossings beating their targets by wide margins. Leading the way is the Vangtao International Border Checkpoint in Champasak, southern Laos, which borders Thailand’s Chong Mek Checkpoint. Over the first seven-plus months of the...

Laos Attracts USD 8.5 Billion in Investment Projects in First Seven Months of 2026

Laos attracted over USD 8.5 billion in investment approvals during the first seven months...

Laos State Utility Revenue Grows 9.4 Percent in First Half of 2026

Electricité du Laos (EDL), the state-owned power utility, grew its revenue by 9.4 percent...

Laos Considers VAT Exemption to Subsidize Electricity for Low-Income Households

Laos’ National Assembly (NA) is considering a proposal to exempt subsidized residential electricity from...

Oudomxay Seeks More Railway Services to Boost Investment

Authorities in Oudomxay Province, northern Laos, have announced plans to expand railway services and...

BOL Chief Calls For More Cooperation in Launching Cross-Border Payment Systems

Dr. Bounluea Sinxayvoraving, Governor of the Bank of Laos, spoke at the 15th ASEAN-China Financial Cooperation and Development Summit Forum in Nanning, China, calling...

Luang Prabang Families Displaced by Laos-China Railway Project Get Relocated to New Village

The Laos-China Railway Company has relocated the residents of Buam-Or village, Xiengngeun district, Luang Prabang province, to a new village with access to recently-built...

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...