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...

International Monetary Fund Says Laos Economy Stabilizing but Risks Remain

Laos has made progress in stabilizing its economy after a period of high inflation and exchange rate pressure, but significant risks remain, according to...

Fuel Prices Surge in Laos as Middle East Conflict Pushes Up Global Oil Costs

Fuel prices across Laos surged sharply on 6 March following turbulence in global oil markets triggered by the escalating conflict in the Middle East. Under...

Thahao Reservoir Irrigation Project Set to Benefit Over 2,100 Families in Savannakhet

The Thahao reservoir and irrigation project currently under construction in Savannakhet Province is expected to benefit 2,174 families once completed. Located in Nakhum village, Outhoumphone...

Japan Supports Water Supply Improvements in Phongsaly Province

Japan has provided grant assistance of USD 17,400 to support a new water supply project in Phongsaly Province, aimed at improving access to safe...

Fifth Lao-Thai Friendship Bridge Generates LAK 47.5 Billion in First Month of Operation

The 5th Lao-Thai Friendship Bridge, which officially opened on 27 December 2025, generated more than LAK 47.5 billion (approximately USD 2.2 million) in state...

Vientiane Fuel Supply Stabilizing After Thailand Export Scare

Fuel supply conditions in Vientiane are beginning to stabilize following recent imports from Thailand, although some smaller stations remain out of stock. On 1 March,...