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...

Australia and Laos Continue Human Resource Development Partnership

The Program Management and Steering Committee for the third phase of the Laos Australia Institute held its first meeting last week. The Committee, chaired by...

Digital 2023 Report on Laos Released: Internet, Mobile, and Social Media

Internet penetration and social media use increased in Laos in 2023, with internet speeds increasing and more adoption of mobile phones.  Meltwater and We Are...

BCEL Customers Raise Alarm After Losing Money Due to ATM Skimming

BCEL Bank has issued a statement warning customers of ATM skimming operations that have occurred at some of its machines around Laos. Skimming occurs when...

Australia To Train Lao Interpreters To Prepare For The 2024 ASEAN Chair Year

Seventeen staff from across the Lao Government have been selected to participate in the Australia-Laos ASEAN Interpretation and Translation Program. Upon completion of this...

Govt Plans to Build Around Five Overpasses in Vientiane Capital

The Ministry of Public Works and Transport is planning to construct up to five pedestrian footbridges in Vientiane Capital, but only one has received...

Australian Education Exhibition to Be Held This Month

Australia is home to some of the world’s best universities, and the Australian Education Exhibition provides a chance for students in Laos to find...