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,...

South Korea to Build Center for Gender Equality in Laos

The government of the Republic of Korea will construct the Center for Gender Equality & Ending Violence Against Women (G-EVAW) as part of a...

Laos, South Korea Allow QR Payments for Travelers

The launch of a cross-border payment service from Banque Pour Le Commerce Exterieur Lao Public (BCEL), and South Korean company GLN International, will provide...

Laos Receives 1,000 Tons of Rice from ASEAN Plus Three Partners

Laos received 1,000 tons of rice from the governments of Japan and Korea during an ASEAN Plus Three handover ceremony on Wednesday. The handover ceremony...

Laos Reports a Trade Deficit of USD 45 Million in November

According to the Lao Trade Portal, the November trade deficit figure of USD 45 million is quite low compared to September and October figures...

Heineken, Loca Team Up to Curb Drunk Driving in Vientiane

Heineken® has teamed up with LOCA to create awareness of “when you drink, never drive” and provide incentives to curb drunk driving behavior in...

Vietnam Starts its Biggest Lao Project Construction in Sekong

Construction of the Bauxite-Alumina Mining Industrial Complex began in Sekong’s Dakcheung district on 19 December. According to Vietnamnet, the project would cover an area of...