Economy

Laos Opens New Route for Businesses to Protect Product Designs Abroad

From 14 October, Lao designers and businesses will be able to protect the look of their products in multiple countries through a single application submitted to the World Intellectual Property Organization (WIPO), instead of filing separate applications in every country where they want protection. The change works both ways. Foreign...

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...

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,...

Australia Delivers Humanitarian Relief Supplies for Emergency Response in Laos

On Monday, 21 August, Mr. Paul Kelly, Australian Ambassador to Laos, handed over 13 tonnes of humanitarian relief supplies to Mr. Leepao Yang, Lao...

Lao Govt Issues Loan Policy of USD 128 Million to Boost Economy

The government of Laos has rolled out a credit policy of about LAK 2.5 trillion (USD 128 million) for some industries to enhance the...

Laos Conducts Trial of Digital Kip And Launches QR Payment with Cambodian Bank

Keen on digitally transforming the country's economy and banking systems, the Bank of Lao PDR (BOL) successfully trialed the “Digital Lao Kip,” and implemented...

Lao Railway College All Set to Welcome First Batch of 360 Students in 2023

The newly-opened Lao Railway Vocational Technical College in Vientiane is ready to welcome its first batch of over 300 students for the 2023-2024 academic...

Laos to Increase Minimum Wage for Workers in October

The Lao Prime Minister's Office has approved raising the minimum monthly wage in the country from LAK 1,300,000 (USD 67) to LAK 1,600,000 (USD...

Lao Government Takes Action Against Teacher Shortage Crisis

The Ministry of Education and Sports in Laos has introduced measures to tackle the teacher shortage crisis by promoting training courses so that schools...