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-Thailand Trade Crosses USD 5 Billion for First Eight Months of 2022

Until August 2022, bilateral trade between Laos and Thailand generated more than USD 5.3 billion. In comparison to the same period in 2021, bilateral trade...

Thailand Eyes for Tourists from China via Laos-China Railway Next Year

Thailand expects it will benefit from the spillover tourism from the Laos-China Railway when China fully opens its borders in 2023. The Thaiger reports that...

US Ambassador Donates to Conserve Ancient Wall Paintings in Savannakhet

The US Ambassador to Laos, Mr. Peter Haymond has donated almost USD 50,000 to preserve wall paintings in three ancient temples in Savannakhet. The...

Lao, Thai PM Want More Bridges to Connect their Countries

Lao Prime Minister, Phankham Viphavanh and his Thai counterpart, Prayut Chan-o-cha agree that more bridges are required to link their respective countries across the...

Advisory Board of the CEGGA Program Endorses its Achievements

On 28 October 2022, the Advisory Board of Team Europe’s good governance program “Citizen Engagement for Good Governance, Accountability and the Rule of Law”...

Govt to Double its Efforts to Tackle Economic Crisis and Drug Trafficking

Government agencies have been urged to double their efforts in addressing the two national agendas that look at tackling the ongoing economic crisis and...