Economy

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 in the first half of 2026 compared with the same period last year, according to the official report. Director General of EDL Akhomdeth Vongsay announced the results at the utility's six-month business review, held from 10...

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...

Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...

Lao State Fuel Enterprise Posts 70 Percent Profit Surge in 2025, Eyes Stock Market Listing

The Lao state-owned Lao State Fuel Company (LSFC) reported a sharp rise in profits...

Laos Urges ASEAN to Tackle Issues of Poverty Alleviation and Food Security in Region

The Lao Minister of Information, Culture, and Tourism has urged ASEAN members to help the region tackle poverty and food security, during the 29th...

Central Bank of Laos Puts Mechanisms in Place to Control Inflation

The Bank of the Lao PDR has implemented various measures to manage high rates of inflation in the country, including increasing interest rates and...

Laos Records Trade Deficit of USD 17 Million in April

The country's trade deficit for April clocked in at USD 17 million, which was the lowest figure since January. The overall value of trade in...

Construction Begins in Laos on Largest Wind Power Plant in South East Asia

Construction work has begun on a major wind power plant project in Laos following the signing of a loan agreement of close to USD...

Laos Exports 3 Million Tons of Agricultural Products in First Quarter of 2023

The Ministry of Agriculture and Forestry in Laos has exported over three million tons of agricultural products in the first three months of 2023. Bounchan...

Inflation Limits Lao Families’ Recovery From COVID-19, Says New World Bank Report

While economic activity has recently picked up in Laos, the rising cost of living is having a widespread negative impact, with poorer families most...