Economy

Champasak Signs Deal for New 5-MW Solar Power Project

Authorities in Champasak signed a concession agreement on 3 July with a private company to develop a 5-megawatt (MW) solar power project in Pathoumphone district. The project forms part of Laos' efforts to expand renewable energy, improve electricity supply in rural areas, and strengthen the national power grid. Xaysomboun Chaloensub Road-Bridge...

Myanmar’s Leader Wraps First ASEAN Visit in Laos, Signs Mekong Dam Study

Myanmar's recently elected President, Min Aung Hlaing, who seized power in the 2021 military...

Vietnam, Philippines Reach Upper-Middle-Income Status as Laos Eyes 2035 Target

Vietnam and the Philippines have been reclassified as upper-middle-income economies by the World Bank,...

Former EDL Executives, Senior Officials Get Life in Landmark Laos Corruption Cases

On 1 July, the Vientiane Capital People’s Court announced verdicts in four major corruption...

Vientiane Completes New 9.3-Kilometer Mekong Embankment

On 1 July, Vientiane officially opened a new 9.3-kilometer stretch of Mekong riverfront featuring...

Rising Bad Air Quality Levels Expose Waste Issues, World Bank Funds Major Reform

Air pollution in Laos is worsening, with PM2.5 levels across southern provinces now reaching concentrations that pose risks to public health, according to data...

Supreme Court Blocks Trump Tariffs, 15 Percent Levy Keeps Pressure on Laos

A landmark US Supreme Court ruling has reshaped Washington’s trade policy, but for small economies like Laos, the relief may prove temporary. On 20 February,...

Lao Electricity Company Fast-Tracks Nam Ngum 3, Solar Projects to Secure Power Supply

Electricité du Laos (EDL) will accelerate the Nam Ngum 3 hydropower project and push forward 12 large-scale solar farms as it works to secure...

Electricité du Laos Signs Deal to Establish Cyber Security Operations Center

Electricité du Laos has signed a cooperation agreement to establish a Cyber Security Operations Center at EDL headquarters in Vientiane Capital to strengthen protection...

Asian Development Bank Beefs Up Lao Livestock with USD 42.9 Million Project

Lao authorities have launched a new livestock development project backed by USD 42.9 million in funding from the Asian Development Bank (ADB). The financing package...

Seven New Ambassadors Present Credentials to Lao President

On 17 February, President of Laos Thongloun Sisoulith received letters of credence from seven newly appointed foreign ambassadors. The ambassadors represent Thailand, Finland, Egypt, Georgia,...