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 to Start Exporting Electricity to Cambodia in New Project

The opening ceremony of the 500 KV power station and transmission line from Laos to Cambodia took place in Champasack's Khong district on Tuesday. Electricite...

The Telegraph Recommends Laos as One of 20 Places You Must Visit in 2023

The British newspaper's travel experts curated a collection of the 20 top destinations to visit this new year and Laos featured in the list...

Thai Baht Expected to Strengthen in 2023

The Thai baht is expected to have a strong year in 2023, buoyed by an influx of Chinese tourists and slowed US rate hikes. Bangkok...

Bokeo Airport to Start Operations in May 2023

Mr. Phoun Khampha, the director of Bokeo Airport, spoke with GATC Thailand in December at the airport premises and disclosed that it will officially...

Could Laos Move Toward Decriminalization of Soft Drugs?

Amid a spate of recent high-profile moves against ‘soft drugs’ kratom and marijuana, many are left wondering why these should be a priority for...

Police Hand Out Free Helmets, Water to Motorists Ahead of New Year

The traffic police on Route 13 South between Bolikhamxay and Khammouane Province have started distributing free helmets and water to passing motorists. Ahead of New...