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...

Luang Prabang Authorities to Manage Market Vendors Ahead of Lao New Year

Authorities in the province of Luang Prabang have announced that vendors will be allowed to set up shops without permission at the Traditional Market...

Cambodia Makes SEA Games Free for All Attendees

Cambodia’s Prime Minister, Hun Sen, has announced that the 32nd Southeast Asian (SEA) Games will be free of charge for all attendees. The games...

Vientiane Residents Block Road with Drainage Pipes to Speed up Repair

Residents of Chanthabouly District in Vientiane Capital, have resorted to using concrete drainage cement pipes to block a road in hopes of expediting the...

Vientiane’s Khua Din Market to Temporarily Close for New Development

The iconic Khua Din market, located in Vientiane Capital, will close temporarily next month to undergo major development. Lieng Heng Enterprise Commercial Management, the market's...

Japan Supports School Improvements in Savannakhet and Oudomxay

The Government of Japan is providing grant assistance worth approximately USD 200,000 for two education projects in Savannakhet Province and Oudomxay Province for the...

Farmers in Savannakhet Report Water Shortage for Crop Production

Farmers in Savannakhet are facing a significant challenge this dry season as provincial authorities report a lack of water resources that is hindering crop...