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...

Laos-Cambodia to Enhance Tourism Between Two Nations

Officials from Laos and Cambodia met last week to sign a Memorandum of Understanding, aimed to increase tourism between the two countries. A meeting between...

Laos to Install More Immigration Checkpoints at First Lao-Thai Friendship Bridge

The immigration authorities in Laos will construct a dozen more checkpoints before the Lao New Year next month at the First Lao-Thai Friendship Bridge. Vientiane...

Laos-China Railway Ticket Reservation App to Go Live This Month

The Laos-China Railway Company has announced that its long-awaited ticket reservation mobile application will go live from 15 March. The mobile application, LCR Ticket, is...

Xaysettha District Occupants Raise Land Grab Issues at National Assembly

Residents of Xaysettha District raised concerns about not receiving the full payment after their land had been taken from them for a development project,...

Laos-China Railway Sets Record With 10,000 Travelers in One Day

The Laos-China Railway made a new record when 10,000 passengers availed of its services on Saturday, marking the highest passenger transport record since the...

Inflation Rate in Laos Continues to Soar in February at 41.3%

Inflation in Laos increased to 41.3% in February, according to information from the Lao Statistics Bureau (LSB). This is slightly higher than January's inflation...