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...

Houaphanh Authorities Rescind Bamboo Shoots Harvesting Ban

The Aed District Governor in Houaphanh Province has rescinded the ban on the harvesting of bamboo shoots within the district, which was issued by...

Senior Lao Economist Discusses Factors Behind Economic Woes

A senior economist and former deputy minister of Laos spoke with the media on what he believes are major factors contributing to the current...

UN General Assembly Adopts Resolution Tabled by Laos and Other Countries

Laos, together with Portugal, the Dominican Republic, Egypt, and Jamaica, have initiated and tabled a draft resolution entitled "Model United Nations" with the objective...

Laos-Vietnam Railway Set to Open for Service in 2028

The planned Laos-Vietnam Railway, running from Thakhek district in Khammouane province to the Lao-Vietnamese border, is expected to be completed and open for service...

Lao Govt Launches State-Owned Company to Boost Liquidity of Financial Institutions

The Lao government is bolstering the financial stability of commercial banks and financial institutions by creating a state-owned entity, the Debt and Asset Administration...

Construction Sector Hit Hard With Laos Facing Acute Labor Shortage Crisis

Amid the current economic downturn and the cost of living crisis, construction companies in Laos are confronted with a mounting challenge as the local...