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...

Lao Kip Drops to Record Low, Breaches 20,000 to US Dollar

The Lao kip has continued to depreciate against foreign currencies, reaching a historic low today in international markets. While the Bank of the Lao PDR...

Customs Officials from Laos, China, and Thailand Discuss Ways to Prevent Smuggling and Boost Trade

Customs officials from Laos, China, and Thailand met in Vientiane Capital on Monday, 11 September, to discuss ways to streamline customs procedures at border...

Lao Vice President Meets Putin to Bolster Laos, Russia Bilateral Ties

In a move to strengthen bilateral ties between Laos and Russia, the Lao Vice President, Pany Yathotou met with Russian President Vladimir Putin on...

Two Border Crossings Between Luang Namtha and Yunnan, China Reopen After 20 Months

Two border crossings between Luang Namtha province in Laos and China’s Yunnan province reopened on Monday, September 11, after being closed for 20 months...

Social Media Users in Vientiane Capital Raise Alarm Over Poor State of Roads

Many social media users, especially those in the Vientiane Capital, have once again expressed their anger and frustration over the poor state of the...

Lao Government Allocates LAK 4.5 Trillion to Boost Domestic Production and Stimulate Economic Growth

In a move to increase domestic production and counter ongoing economic challenges, the Bank of Lao PDR (BOL) has allocated LAK 4.5 trillion toward...