Economy

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 Value-Added Tax (VAT) as the government looks for ways to ease living costs for low-income households. The Standing Committee raised the proposal during its monthly meeting on 6-7 August. According to the NA, the VAT exemption would...

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...

Naphao Customs Exceeds Annual Target on Mining Debt Repayments, Trade Growth

Naphao International Border Checkpoint in Khammouane Province collected more than LAK 669.5 billion (USD...

Siem Reap International Airport to Start Test Flights by Mid-May

The steering committee for the construction of Siem Reap Angkor International Airport held a meeting on 20 April to confirm that flight trials will...

Vientiane Capital to Repair Roads Ahead of 2024 ASEAN Summit

Vientiane Capital is set to repair and restore its roads in preparation for the 2024 ASEAN summit and other upcoming government meetings. Mr. Atsaphangthong Siphandone,...

Laos Records 40.8 Percent Inflation Rate in First Quarter of 2023

Inflation in Laos has been rising steadily, with an average rate of 40.8 percent reported in the first quarter of 2023. According to Lao Youth...

Nong Khang Airport Sees its First Successful Aircraft Landing

Nong Khang Airport in the Samnuea district of Houaphanh province successfully tested its landing guide system for flights on Wednesday. According to Lao Youth Radio,...

Vientiane Buses to Stop Only at Official Bus Stops From Next Month

The Public bus system in Vientiane Capital is putting policies in place to improve its service and ensure that passengers reach their destinations in...

Thai Tour Operators Seek Clarity Regarding New Tourism Fee

The Tourism and Sports Ministry has delayed the THB 300 tourism fee collection for international visitors from June to September due to implementation issues...