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...

Cambodia’s Social Health Insurance Scheme Extended to Tuk-Tuk Drivers

Cambodian Tuk-Tuk drivers will now have access to a new social health insurance scheme as part of a pilot project starting April 1, designed...

Laos Government Seeks Solutions to Forest Fires, Air Pollution at Recent Cabinet Meeting

The Government of Laos has made addressing air pollution a key priority, with a recent cabinet meeting exploring solutions to the issue, which is...

UK Government Launches New Trade Scheme in Laos

The UK government in partnership with the Lao National Chamber of Commerce and Industry (LNCCI), held a launch event in Vientiane for their new...

Laos-China Railway to Begin Cross-Border Service on 13 April

The Laos-China Railway is set to open for cross-border service between the two countries on April 13, according to the governor of Luang Namtha...

4th MRC Summit to Balance Economic Growth, Environment Sustainability

The Mekong River Commission (MRC) is expected to promote regional economic growth in the Lower Mekong River Basin and protect the mighty Mekong River...

Maserati Optimistic About Sales Potential in Asia Pacific Region

Maserati, the Italian luxury sports car manufacturer, is targeting the LGBTQ community in Thailand and the Asia Pacific as a key demographic for their...