Economy

Bank of Laos Maintains 7-Day Base Interest Rate at 8% Amid Rising Inflation

The Bank of Laos (BOL) confirmed it will maintain its 7-day base interest rate at 8 percent per annum following a half-day Monetary Policy Committee meeting on 18 May. Chaired by Governor Bounkham Vorachit, the session reviewed previous monetary policy resolutions and assessed domestic economic conditions, including fuel supply management,...

Laos Signs Concession for 80MW Xekaman 4 Hydropower Project to Export Power to Vietnam

Laos has formalized a build-operate-transfer (BOT) concession for the 80-megawatt Xekaman 4 Hydropower Project...

Officials Link Pig Farm Wastewater to Mass Fish Deaths in Vientiane Province

Authorities in Vientiane Province have identified untreated wastewater from a pig farm as the...

Laos Hydropower Firm EDL-Gen Rebounds to Profit in 2025

Electricité du Laos (EDL) Generation Public Company,  known as EDL-Gen, reported a financial comeback,...

Thai, British Scientists Identify Southeast Asia’s Largest Dinosaur in Thailand

British and Thai scientists have identified a new species of giant dinosaur from fossil...

Vietnam Invests USD 50 Million in Major Coffee Project in Southern Laos

A new Vietnamese investment in southern Laos will bring a large-scale coffee plantation and processing project to Champasak province, further expanding foreign agricultural investment...

Authorities Destroy Illegal Gold Mining Equipment in Savannakhet

Authorities in Phine district, Savannakhet, have taken action against illegal gold mining activities, destroying equipment on 11 May that had been linked to unauthorized...

Vietnam’s Sun Group Explores Tourism Projects in Champasak

Champasak province is seeking major tourism investment from Vietnam’s Sun Group, the developer behind Da Nang’s Ba Na Hills resort and cable car system,...

Laos Eyes China’s Hainan Port as New Trade Gateway

Laos is looking to China’s Hainan province as a potential maritime gateway to expand international trade, according to comments made by a Lao official...

ASEAN Pushes Shared Fuel Reserve as Laos Emerges Central to Regional Energy Plans

Leaders of the Association of Southeast Asian Nations (ASEAN) are discussing a regional fuel reserve system following recent oil supply disruptions linked to the...

Route Surveys Advance for Laos’ Planned Longest Expressway in Xaysomboun

Laos is moving ahead with route surveys in Xaysomboun Province for a planned expressway that would become the country’s longest highway, linking Vientiane Capital...