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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...
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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...
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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...
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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,...
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Civil Servant Downsizing Efforts Likely to Fall Short, Predicts Minister

The government's goal of reducing the number of civil servants from 2.3 percent to 1.8 percent by the end of this year is unlikely...

Thailand’s 2023 GDP Growth Projection Increased Due to China’s Reopening

Kasikorn Research Center (K-Research) has upwardly revised its growth forecast for the Thai economy in 2023 to 3.7 percent, against the 3.2 percent projected...

Govt Allots LAK 190 Billion to Repair Roads, Manage Floods in Vientiane Capital

The Ministry of Public Works and Transport expects to spend more than LAK 190 billion (USD 11,256,569) to repair roads and manage flooding in...

China’s Economy Grew by Only 3% in 2022

China's gross domestic product (GDP) expanded by only 3% in 2022, one of its lowest annual outcomes in decades. The country's GDP hit 121.0207 yuan...

Laos Gears Up to Welcome Chinese Tourists

The Ministry of Information, Culture, and Tourism hosted a forum on Monday to discuss preparations underway for the arrival of Chinese tourists. The meeting, a...

South Korea Continues to Strengthen Food Security in Laos

Ambassador of the Republic of Korea, Mr. Yung Soo Jung handed over a rice donation to the Minister of Labor and Social Welfare, Madame...
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