Economy

Oudomxay Seeks More Railway Services to Boost Investment

Authorities in Oudomxay Province, northern Laos, have announced plans to expand railway services and free up land for investment around the region's three Laos-China Railway stations. The provincial government said on 3 August that it would set aside more than 300 hectares around Xay, Namor and Nga stations for commercial,...

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 Inflation Edges Up in July, Electricity Prices Surge 91.5% Year-on-Year

Electricity prices jumped 91.5 percent in July compared to the same month last year,...

Laos National Identity Card System Back Online

Laos' national identity card system is now back online after being out of order for five months and preventing citizens from receiving identity cards. The...

Govt. Drops Contractor Constructing Expressways in Northern Provinces

The Ministry of Planning and Investment has denied the company from continuing its work due to multiple delays. KPL reports that the ministry will...

Champasack to Use Modern Machinery to Plant Rice

Vice President of Laos, Ms. Pany Yathotou visited a rice factory in Champasack's Mounlapamok district on Tuesday where they utilize modern machinery to grow...

Laos Road Tax for 2023 Payable Via New Channels

Road tax payments in Laos for 2023 are now payable via a range of different methods, including a new mobile application from Joint Development...

Despite Slow Growth, Grab is Still Customer Favorite in SE Asia

The Singapore-based multinational technology company is strengthening its position as the most popular food delivery app in SE Asia, even if the superapp is...

Laos, Thailand Promote Tourism Site in Champasack

Champasack province and the city of Ubon Ratchathani, Thailand organized activities to promote sports and tourism at the UNESCO World Heritage site of Vat...