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,...

Lao Start Up Fest to be Hosted in December

The 3rd edition of Lao Startup Fest 2022 will be held between 16-18 December, with the aim of improving the development of micro-, small-...

Laos-China Railway to Develop Cross-Border Transportation to China

Laos-China Railway plans to improve the transportation of goods by railway across the border and create opportunities for companies to export their products. Mr....

IMF Predicts Lao Economy to Grow Only 2.2 Percent This Year

According to The International Monetary Fund (IMF), Laos is estimated to grow only 2.2 percent this year, the growth rate will increase to 3.1...

Laos to Get Support From Vietnam Post in Digital Transformation

Lao Post Cooperation will receive assistance from its Vietnam counterpart in digital transformation and the use of digital platforms in postal services, the General...

Bank of the Lao PDR Issues New Banknotes for Circulation

Bank of the Lao PDR (BOL) has announced the release of two new banknotes to increase the quality of currency being printed and prevent...

United States and Laos Hold 10th Comprehensive Bilateral Dialogue

The United States and Laos held their 10th Comprehensive Bilateral Dialogue on October 14, in Vientiane, where the two sides discussed their continued cooperation...