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...

Laos, China Boost Oversight of Key Projects Ahead of 65th Anniversary

Laos and China are ramping up the monitoring of key infrastructure and energy projects as they prepare for the 65th anniversary of their diplomatic...

Lao Government, Thai Firm Sign Deal for 100MW Solar Farm in Bolikhamxay

The Government of Laos and Thai company APDL Solar Power Sole Co., Ltd. signed an agreement on 25 February to conduct a feasibility study...

Lao Government Strengthens Rubber Industry Management with New Decree

In a renewed effort to regulate the rapidly expanding rubber industry and address growing concerns over forest loss, the Lao government has issued a...

Laos Exempted from Thailand’s Fuel Export Suspension Amid Middle East Unrest, Thai Ministry Clarifies

On Sunday, 1 March, Thailand initially announced a suspension of fuel exports due to escalating tensions in the Middle East, sparking concerns over potential...

Police Launch Three-Month Guidance Phase to Ease Traffic Overhaul in Vientiane

A new traffic system designed to accommodate the future Bus Rapid Transit (BRT) caused significant confusion for Vientiane commuters this morning. With long queues...

Thailand Orders Suspension of Fuel Exports, Raising Risk of Shortages in Laos

Thailand has ordered the temporary suspension of fuel exports following Iran’s closure of the Strait of Hormuz, a move that poses a direct threat...