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,...

Prudential Laos Signs MOU to Build Life Insurance Awareness in the Country

Prudential Life Assurance (Lao) Company Limited (“Prudential Laos”)  signed a Memorandum of Understanding (MoU) with the Department of State Own Enterprise Reform and Insurance...

Apple to Produce MacBook Products in Vietnam from Next Year

Apple's MacBooks will be manufactured in Vietnam next year, the latest of several Apple products to be shifted to the country. According to Nikkei Asia,...

Government to Introduce Couples Counselling in Laos

Ministry of Health (MoH), Ministry of Home Affairs (MoHA) and UNFPA organized a coordination meeting at Vientiane, Laos on Monday to finalize the integration...

Laos Keen to Attract More Investment From Vietnam

According to the Lao Deputy Prime Minister, Mr. Sonxay Siphandone, who visited Ho Chi Minh City last week, the Lao government has placed a...

Lao Dairy Farm to Export Milk to Vietnam From Next Year

A new dairy farm in Xieng Khouang Province will start exporting fresh milk to Vietnam in May 2023. Lao media reports that the Director...

UNFPA Organizes Hackathon for Young Lao Innovators

UNFPA, in partnership with the Faculty of Education, National University of Laos, Lao People’s Revolutionary Youth Union (LYU), and Global Shapers, brought together young...