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 Inflation Rate Shoots up to 38.46 Percent in November

Laos saw an increase in inflation once again in November at 38.46 percent, according to the latest report from the Lao Statistics Bureau (LSB). November's...

Govt. Repairs Streetlights Across Vientiane Capital

Electricite du Laos fixed numerous streetlights in Vientiane Capital last week, to celebrate the 47th Lao National Day and the 102nd birth anniversary of...

Laos-China Railway Unveils Ticket Reservation App on First Anniversary

The Laos-China Railway has officially unveiled a ticket reservation mobile application on the first anniversary of the launch of the historic railway. The railway...

Ministry of Public Security to Develop E-Border Pass for Over USD 18 Million

With an investment of over USD 18 million, the Ministry of Public Security and a private printing company have signed a memorandum of understanding...

BCEL Allows Customers to Receive Remittance Via MoneyGram

Banque Pour Le Commerce Exterieur Lao Public (BCEL) has announced that customers will now be able to receive international bank transfers directly into their...

Football Fans Disappointed as FIFA Cuts Laosat World Cup Broadcasts

The satellite company issued a statement on Tuesday canceling broadcasts of the FIFA World Cup 2022 and apologizing to Lao football fans for screening...