Economy

African Swine Fever Disrupts Pork Supplies, Beef Prices Rise in Vientiane

The pork shortage is putting pressure on Vientiane’s meat markets as African swine fever (ASF) spreads across Laos and authorities restrict the movement of pigs and pork. State media have confirmed outbreaks in two districts and three villages in Vientiane Capital, including Sangthong district, where 115 pigs died across two...

Corruption Crackdown in Laos’s Attapeu Province Uncovers Millions in Financial Irregularities

Attapeu authorities have detailed five years of corruption investigations and financial irregularities, including a...

Lao Migrant Workers Send Home USD 500 Million in First Seven Months of 2026

Lao migrant workers sent an estimated USD 500.7 million back to Laos during the...

Vietnam Emerges as Laos’ Second-Largest Foreign Investor with USD 8 Billion in Projects

Vietnam has become Laos's second-largest foreign investor, with more than 400 projects worth a...

Laos, China Launch Digital Payment Link For Cross-Border Transactions

Laos and China have launched a new digital payment link that allows Chinese visitors...

Ministry of Public Security to Develop E-Border Pass for Over USD 18 Million

With an investment of over USD 18 million, the Ministry of Public Security and a private printing company have signed a memorandum of understanding...

BCEL Allows Customers to Receive Remittance Via MoneyGram

Banque Pour Le Commerce Exterieur Lao Public (BCEL) has announced that customers will now be able to receive international bank transfers directly into their...

Football Fans Disappointed as FIFA Cuts Laosat World Cup Broadcasts

The satellite company issued a statement on Tuesday canceling broadcasts of the FIFA World Cup 2022 and apologizing to Lao football fans for screening...

Japan to Grant USD 3.5 Million in Support of Laos’ 2024 ASEAN Chairmanship

On November 28, a signing ceremony for "the Exchange of Notes for the Economic and Social Development Plan (Support for ASEAN Chairmanship)" was held...

Laos and Vietnam Military Hospitals Sign Contract on Medical Cooperation

The 108 Military Central Hospital in Vietnam will offer training to doctors from the 103 Military Hospital of the Lao People’s Army in 2023...

Bank of the Lao PDR Changes its Logo

Bank of the Lao PDR (BOL) has announced that it would be using a new logo starting this week. A notice issued by the Bank...