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,...

Two Lao-Americans Get Elected as Mayors in the United States

Xaykham “Xay” Khamsyvoravong was unanimously chosen as mayor of Newport, Rhode Island and Oakland City Council Member Sheng Thao emerged as the mayor of...

85 Percent of Tourists Traveled to Luang Prabang by Train This Year

The majority of tourists travel to Luang Prabang using the Laos-China Railway as opposed to other means of transport, according to a new report. According...

Government Approves Caustic Soda Processing Plant Project in Thakhek

Last week the Ministry of Finance and Lao-Jinda Industrial Co.Ltd signed a contract, to allow the latter to build a Caustic Soda processing plant. The...

Korean Company Seeks Govt. Partnership to Expand Luang Prabang Airport

Korea Airports Corporation (KAC) intends to sign a partnership with the government of Laos to expand and develop the Luang Prabang International Airport. KAC...

MRC Public Forum to Discuss Development Challenges, Seek Joint Solutions

The Mekong River Commission will soon host its 13th Regional Stakeholder Forum, in which the MRC will not only provide updates on hydropower projects along Southeast...

New Cambodian Banknotes Raise Questions Among Lao Citizens

People from Laos expressed their confusion after the official release of KHR 200 banknotes as they contained a similar motif to Laos's erstwhile flag. Last...