Economy

Champasak Signs Deal for New 5-MW Solar Power Project

Authorities in Champasak signed a concession agreement on 3 July with a private company to develop a 5-megawatt (MW) solar power project in Pathoumphone district. The project forms part of Laos' efforts to expand renewable energy, improve electricity supply in rural areas, and strengthen the national power grid. Xaysomboun Chaloensub Road-Bridge...

Myanmar’s Leader Wraps First ASEAN Visit in Laos, Signs Mekong Dam Study

Myanmar's recently elected President, Min Aung Hlaing, who seized power in the 2021 military...

Vietnam, Philippines Reach Upper-Middle-Income Status as Laos Eyes 2035 Target

Vietnam and the Philippines have been reclassified as upper-middle-income economies by the World Bank,...

Former EDL Executives, Senior Officials Get Life in Landmark Laos Corruption Cases

On 1 July, the Vientiane Capital People’s Court announced verdicts in four major corruption...

Vientiane Completes New 9.3-Kilometer Mekong Embankment

On 1 July, Vientiane officially opened a new 9.3-kilometer stretch of Mekong riverfront featuring...

Official Toll Collection to Begin on National Road No. 9 in Late March

Toll collection on National Road No. 9 in Savannakhet Province is set to be operational by the end of March 2026, as the highway's...

Laos, Australia Celebrate 35 Years of Agricultural Partnership with New AUD 15 Million Investment

Laos and Australia mark a 35-year partnership in agricultural research, announcing a new AUD 15 million (USD 10.6 million) investment aimed at driving sustainable...

Laos, Thailand Discuss Construction of Sixth Lao-Thai Friendship Bridge

Laos and Thailand held formal discussions on the proposed sixth Lao-Thai Friendship Bridge, a major infrastructure project aimed at strengthening transport links and cross-border...

Laos, Myanmar Sign Five-Year Cooperation Agreement

Laos and Myanmar have signed a five-year Memorandum of Understanding (MOU) aimed at strengthening bilateral cooperation and deepening people-to-people ties between the two nations. The...

Laos Opens First Privately Financed International Airport in Golden Triangle Area

Laos officially opened Bokeo International Airport on 6 March, marking a major milestone in the country’s aviation development and regional connectivity plans. Located in Ban...

Luang Prabang Cracks Down on Traffic in World Heritage Zone

The Luang Prabang City Administrative Committee has issued a new traffic notice aimed at reducing congestion and improving road order in the city's UNESCO...