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,...

Deputy PM Wants Increased Focus on the Rights of Adolescent Girls

The Deputy Prime Minister called for relevant departments to increase their focus on advancing the rights of adolescent girls at a recent meeting. Deputy Prime...

South Korean Company Authorized to Build Multi-Billion Dollar Resort

Laos has signed an agreement with a South Korean company giving it a concession for the use of a 1,200-hectare plot of land to...

Lao Children Raise their Voice for Climate Justice

From 6-18 November, world leaders have gathered in Sharm El-Sheikh, Egypt, for the 2022 United Nations Climate Change Conference or COP27. This edition marks...

American Secret War Veteran Works Toward a Better Future for Laos

Col. Mike Burton makes his first visit back to Laos nearly 50 years after he was deployed to serve in the American Secret War,...

Laos Likely to Benefit from Thailand’s Energy Shortage

Thailand is suffering from an acute energy crisis at the moment and the Energy Ministry of the country plans on closing pubs, petrol pumps,...

Housing for Attapeu Dam Collapse Victims Now 99 Percent Complete

Authorities in Laos ​say construction of housing for victims of the 2018 Attapeu Dam Collapse Disaster is now 99 percent complete, four years after...