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Saturday, July 19, 2025
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Economy

Lao Government to Renegotiate Hydropower Deals Amid Public Outcry Over Electricity Prices

The Lao government has announced plans to renegotiate electricity purchasing agreements with hydropower companies in response to growing public anger over rising power bills.  This decision comes after widespread backlash following the introduction of a new tiered electricity pricing system set to take effect from 2025 to 2029.  The revised pricing,...

Laos Wind Farm to Begin Full Operation in Late August, Says Sekong’s Deputy Governor

Commercial operations of the Monsoon Wind Project, Laos’s first and Southeast Asia’s largest onshore...

Laos Makes Steady Progress in Poverty Eradication, Several Districts Declared Poverty-Free

Laos continues to make significant strides in poverty eradication, with multiple districts across the...

Thailand Postpones Tourism Tax Again, Now Unlikely Before 2026

Thailand’s long-anticipated “Tourism tax,” often referred to as the “land entry tax,” has been...

Tripartite Cooperation Accelerates: Promoting Logistics and Tourism along the China-Laos-Thailand Railway

A press conference convened in Thailand's Khon Kaen on 14 July to promote the...

Bank of Laos Shuts Down 113 Currency Exchange Businesses

The Bank of the Lao PDR (BOL) issued a notice on Friday instructing 113 exchange businesses affiliated with commercial banks to suspend their operations....

Vientiane Capital Records 4.83% Economic Growth in 2022

The mayor of Vientiane Capital has reported an annual economic growth of 4.83%, with the gross domestic product of the city crossing LAK 62...

Beerlao Increases Prices for First Time This Year

Lao Brewery Company has issued a notice stating the need to adjust production costs for the first time in 2023. In a notice to consumers,...

Laos Sees a Trade Deficit of USD 23 Million in December

According to the Lao Trade Portal, the country recorded a trade deficit of USD 23 million in December, which is considerably lower than the...

Laos Sees More than 1,000 People Cross at Chinese Border

Laos has recorded over 1,000 people entering and exiting via the Boten International Border checkpoint in Luang Namtha Province since China authorized the reopening...

Dutch Doctors Back in Laos to Conduct Free Cleft Lip and Palate Surgeries

Nine doctors from the Netherlands run the Bridge the Gap foundation which organizes free cleft lip and palate surgeries for children in Laos every...