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,...

Champasack to Develop Areas Around Two Waterfalls for Tourism

Khon Phapheng and Somphamit or Li Phi falls will be developed with an estimated construction value of USD 500,000. Deputy Prime Minister and Minister...

Thai Government Takes Steps to Legalize Undocumented Lao Workers

The Thai government has announced that it will provide work permits and visas to Lao nationals so that they can remain in the country...

Mekong Tourism Forum Concludes with Great Hope for the Future

The Mekong Tourism Forum 2022 (MTF) was held this week on 12-13 October to highlight the profile of the Greater Mekong Sub-region (GMS) as...

Five Ways Laos Could Revive its Economy (By an Economist)

Given the soaring inflation rate and economic crisis in the country, Phil Allan, a Macroeconomic Policy Analyst, opines on what reforms could transform the...

Laos Records a Trade Deficit of USD 233 Million in September

Laos recorded a trade deficit of USD 233 Million in September, according to the latest information from the Lao trade portal. The trade deficit...

Over 100 Gas Stations in Ho Chi Minh City Run out of Fuel

Vehicles were seen queuing for hours outside gas stations in Ho Chi Minh City in Vietnam as 121 petrol stations, i.e. 20 percent of...