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Wednesday, July 2, 2025
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Economy

Tourism Fuels Revenue Surge in Luang Prabang in Five Months of 2025

Luang Prabang earned nearly LAK 700 billion (USD 32 million) in the first five months of 2025, with tourism playing a significant role, said Khammouane Khambounme, Head of the Provincial Tax Department. The province now aims to attract more visitors throughout the remainder of the year through improved tax management...

Lao Inflation Rate Eases to 7.2 Percent in June

Laos’ inflation rate eased for the second month in a row, falling to 7.2...

THAILAND: Contract Signing for Three-Airport High-Speed Rail Expected in July After Five-Year Delay

Thailand’s high-speed rail project connecting Don Mueang, Suvarnabhumi, and U-Tapao airports is set to...

Laos Deploys Soldiers as Volunteers to Address Rural Teacher Shortages

Laos will recruit 2,000 soldiers to serve as volunteer substitute teachers in remote areas...

Laos Strengthens Connectivity with 18 Cross-Border Transmission Lines

Laos has expanded its telecommunications network, now operating 18 cross-border transmission lines with Thailand,...

New Bank of Laos Governor: Mismanagement of Foreign Currency Rife

Newly-appointed Governor of the Bank of Laos, Mr. Bounleua Sinxayvoravong, addressed the National Assembly about the challenges and difficulties faced by the nation in...

Laos Government Bonds Selling Fast

The Government of Laos has successfully sold half of the savings bonds it issued earlier this month in just eight days. According to a statement...

Vang Vieng Expressway Pegs Tolls to US Dollar

Tolls on the Vientiane to Vang Vieng Expressway will be pegged to the US dollar from 1 July, according to an announcement by the...

Southeast Asian MPs Urge ASEAN Economic Ministers to Immediately Tackle Food Crisis

As food and fuel prices rise alarmingly around the world, Southeast Asian legislators are pressing their countries' economic ministers to hold an emergency summit...

PM: 700 Million Liters of Fuel Smuggled into Laos Every Year

Over 700 million liters of fuel is smuggled into Laos every year according to Prime Minister Phankham Viphavanh. Vientiane Times reports that the Prime Minister...

Government of Laos to Value State Assets

The Government of Laos is considering engaging an international consulting firm to determine the value of state assets, particularly those pertaining to natural resources. Vientiane...