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,...

Thailand to Overtake Vietnam as World’s No 2 Rice Exporter

Thailand is on track to overtake Vietnam as the world's second-largest rice exporter, according to Thai Rice Exporters Association (TREA). India is the current top...

Final Number of Homes Handed Over to Attapeu Flood Victims

Attapeu officials held a ceremony on Wednesday to hand over all 700 houses to victims of the Xe-Pian-Xenam Noy dam collapse after a four-year...

Govt. Inaugurates New Train to Transport Bananas to China

The Department of Agriculture and Forestry, alongside Xuanye (Laos) Co., Ltd., held a ceremony on 5 December in Vientiane Capital, to inaugurate a new...

Thai Company to Build ASEAN’s Largest Wind Farm in Laos

Thai electric power distribution company BCPG Public will begin the construction of ASEAN's largest wind farm in Laos at an estimated cost of development...

Laos Won’t Default on its Loans, Assures PM

Prime Minister Phankham Viphavanh informed the ongoing session of the National Assembly that the government would try its best to repay public debt so...

Three Killed, Four Injured in Second Rail Bombing in Thailand

Thailand's Songkhla province has seen another rail bombing today, which took place in the same area where a bomb went off on Saturday. The...