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...

Malaysian Ambassador to Assist Laos in Boosting Tourism

The Malaysian Ambassador to Laos Mr. Edi Irwan Mahmud recently expressed his support in helping Laos grow its tourism as the country prepares to...

Messy Motorhomes Concern Residents in Luang Prabang

The clean and quiet streets of Luang Prabang have seen a lot more activity in recent months, but local residents have begun expressing concerns...

Australian Embassy Trains Lao IT Workers on Cyber Security

The Lao Department of Cyber Security and the Australian Embassy to Laos conducted an employee development training on cyber security on Wednesday at the...

Laos and China To Enhance Trade Cooperation

Mr. Malaythong Kommasith, the Minister of Industry and Commerce received a courtesy call on the matter from a Chinese delegation led by Mr. Li...

Luang Prabang Hydropower Project Construction to Wrap up by 2030

According to a recent conference held by the Ministry of Energy and Mines, the construction of the Luang Prabang hydropower project is expected to...

Ministry of Finance Issues New Electronic Road Tax Stickers for 2023

Laos' Ministry of Finance has introduced new electronic road tax stickers that can be used in place of traditional physical stickers. A notice issued...