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 Meet to Discuss Railway Project Connecting Vientiane and Nong Khai

Officials from Laos and Thailand met last week in Vientiane Capital to discuss the Laos-Thailand railway project, which is expected to commence operation in...

Inflation in Laos Skyrockets to a 22-Year High of 34 Percent in September

According to the Lao Statistics Bureau, the inflation rate has increased by four percent from August's figures of 30.01 percent to 34 percent in...

Japan Supports Three Projects in Laos in the Education and Healthcare Sector

The Government of Japan will be providing grant assistance worth USD 270,000 for three projects in Xayaboury, Xieng Khouang and Vientiane Provinces. Grants will be...

Student Competition Announced to Modernize Mekong River Technology

The Mekong River Commission (MRC) recently launched a one-of-a-kind competition that challenges the region’s university students to design cost-effective, sustainable technology to monitor the...

Govt Join Hands with OCK Group, Malaysia to Build Telecom Tower Company

The Ministry of Finance (MoF) has signed a shareholder agreement with the engineering services firm to set up a company to build telecommunications towers...

Students in Bokeo Debate on LGBTQ+ Issues on International Day of the Girl Child

This week, adolescents in Huayxai district, Bokeo province took part in a debate competition on the theme ‘my body, my rights to mark International...