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 Hits New High of 36.75 Percent in October

Laos has beaten its own record again with inflation reaching 36.75 percent in October according to the latest report from the Lao Statistics Bureau...

Government Expresses Concern Over Rapid Urban Development

The government has utilized international funding of around USD 300 million to support systematic urban planning and development for the last 15 years. Minister of...

Laos Collaborates with South Korea to Produce Biofuel

The Lao government is keen on starting such a venture to reduce its dependency on imported fuels. Laos has embarked on a 12-year biofuel production...

Laos’ Agricultural Produce Generates USD 522 Million Revenue in First Half of 2022

Laos exported three main agricultural products worth USD 522 million until June 2022. A report from the Lao Trade Portal states that agricultural...

A New Station Added to Laos-China Railway Freight Operations

All seven freight stations by Laos-China Railway are now operational after the official opening of the final freight station in Xay District, Oudomxay Province...

UNFPA Provides Dignity Kits to Lao Youth Union For Emergency Response

Last week, the United Nations Population Fund (UNFPA) handed over 486 sets of Dignity kits to the Lao Youth Union to prepare them for...