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...

Laos, Cambodia Launch Cross-Border QR Code Payment System

The 13th multilateral meeting between the Bank of Laos and the National Bank of Cambodia was held in Vientiane Capital last Friday to discuss...

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...