Economy

African Swine Fever Disrupts Pork Supplies, Beef Prices Rise in Vientiane

The pork shortage is putting pressure on Vientiane’s meat markets as African swine fever (ASF) spreads across Laos and authorities restrict the movement of pigs and pork. State media have confirmed outbreaks in two districts and three villages in Vientiane Capital, including Sangthong district, where 115 pigs died across two...

Corruption Crackdown in Laos’s Attapeu Province Uncovers Millions in Financial Irregularities

Attapeu authorities have detailed five years of corruption investigations and financial irregularities, including a...

Lao Migrant Workers Send Home USD 500 Million in First Seven Months of 2026

Lao migrant workers sent an estimated USD 500.7 million back to Laos during the...

Vietnam Emerges as Laos’ Second-Largest Foreign Investor with USD 8 Billion in Projects

Vietnam has become Laos's second-largest foreign investor, with more than 400 projects worth a...

Laos, China Launch Digital Payment Link For Cross-Border Transactions

Laos and China have launched a new digital payment link that allows Chinese visitors...

Starbucks Amplifies its Expansion Efforts in Asia-Pacific Region

Intending to leverage from Asia’s reopening after the Covid-19 pandemic, Starbucks has launched its biggest expansion drive in five years. The multinational company plans to...

Natural Disasters Cost Laos Economy Over USD 77 Million in 2022

Tropical storms like Mulan, Ma-on, and Noru affected 16 provinces across the country, ripping through towns and farmland, causing floods, and destroying crops and...

Japan, Singapore Agree to Support Startups from SEA Nations

Japan and Singapore have decided to strengthen their cooperation to support startups in SEA nations as Tokyo seeks more partnerships with companies in the...

Lao Airlines to Operate Flights from Pakse to China Starting Mid-2023

This year, Lao Airlines will launch new routes from Pakse to major cities in China to attract more visitors from the country. The new...

Vientiane’s Feuang District Expects Over 100,000 Tourists in 2023

After seeing over 45,000 tourists since the country reopened its borders in May last year, Feuang district is expecting more than 100,000 tourists in...

Indonesia Welcomes Timor-Leste into ASEAN

President Joko “Jokowi” Widodo of Indonesia welcomed Timor-Leste as a member of ASEAN to enhance greater cooperation between the neighboring countries this week. Taur Matan...