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 Co-chairs Mekong-Ganga Cooperation Ministerial Meeting in Bangkok

Laos secured funding of USD 500,000 for a series of poverty reduction projects through the Mekong-Ganga scheme during the 12th Mekong-Ganga River Cooperation Framework...

Spending Kip to Make Dong: Why Laos Should Step Up Efforts to Attract More Vietnamese Tourists

As lackluster economic growth causes millions in China to stay home, Laos should do more to attract Vietnamese travelers for its post-pandemic tourism revival. The...

Lao National Assembly to Revise Law on Children’s Rights and Interests

The Minister of Justice, Phayvy Sibualipha, presented a revised law on the protection of children’s rights and interests during the 5th Ordinary Session of...

Russia Proposes Local Currency Initiative to Entice Trade with ASEAN Nations

Russian Foreign Minister Sergey Lavrov proposed the use of local currencies while urging the revitalization of trade between Russia and Southeast Asian nations during...

Cassava Profits Conceal Alarming Environmental Threat in Laos

Cassava's lucrative short-term benefits as Laos' major agricultural export mask the devastating consequences of extensive slash-and-burn practices, putting the country's long-term ecological stability in jeopardy. Cassava has...

Laos Attracts Foreign Investment of Over USD 800 Million in Khammouane

The Asia-Potash International Intelligent Industrial Park in Khammouane province has been a significant investment for the country, with an investment cooperation memorandum worth USD...