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 Labor Ministry Reports Employment Rate of Over 97 Percent

The Minister of Labor and Social Welfare provided information on the labor market in the recent National Assembly session on Friday, revealing that 2.4...

Laos Sees a Trade Deficit of USD 230 Million in October

Laos recorded a trade deficit of USD 230 million in October, according to the latest information from the Lao Trade Portal. The trade deficit has...

National Assembly Debates Social Security Card Use

A National Assembly constituent has proposed that the country's social security scheme allow members receive treatment at any hospital in the country, rather than...

Bank of Laos Launches New 50,000, 100,000 Kip Banknotes

Bank of the Lao PDR announced today that it is to begin issuing new versions of the LAK 50,000 and LAK 100,000 notes. Bank of Lao PDR...

Lao Scholars Ready for Study Success in Australia

Yesterday Australia’s Ambassador to Laos, Mr. Paul Kelly, and the Deputy Minister for Education and Sports, Dr. Sisouk Vongvichit, farewelled 32 Lao Australia Awards...

Ministry of Finance to Modernize Administrative System, Prevent Corruption

The Minister of Finance announced during a recent National Assembly session that the ministry's administration system must go digital in order to combat corruption. Mr....