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 Public and Private Debt to Cross 100 Percent of GDP by 2022-End

Despite signs of economic recovery in early 2022, Laos faces increased challenges from currency depreciation and high inflation, according to the World Bank’s latest...

Laos Requires USD 22 Million for its 5th Population and Housing Census

The Ministry of Planning and Investment expects more than LAK 320 billion to execute the fifth Population and Housing Census which will take place...

Laos Ranks Lowest in Global English Proficiency Test

The Education First English Proficiency Index (EF EPI) conducts the world's most expansive ranking of adults by their fluency in English. This year's index...

Google Wallet Launches in Thailand and Vietnam

Google Wallet is a digital wallet that allows one to securely store credit and debit cards, tickets, passes, keys, and IDs. It was launched...

Donation Request in Support of Vientiane Athletes Draws Public Ire

Residents in Vientiane Capital have expressed their dissatisfaction with a request for donations from members of society in support of athletes representing the city...

Two-Day Business Masters Event Aims to Kickstart your Business Career!

Business consultancy Katayst Partners is hosting a two-day event from 26-27 November designed to give business owners the skills and strategies they need to...