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-China Railway Installs Timer to Charge Parking Fees at Vientiane Station

Laos-China Railway has installed a timer to calculate the parking fee of vehicles entering and leaving the Vientiane railway station. After the announcement of overnight...

Lao Economy Suffers Setback from a Weakening Kip

According to a report by the Asian Development Bank (ADB), the Kip's value depreciated by 37.4 percent against the US dollar and 32.9 percent...

Donations Come in for Flood-Affected Residents in Attapeu

The public and various organizations have sent relief support to Attapeu province for people who lost their houses and belongings in the flood caused...

Lao Garment Association Plans to Boost Local Production and Sales

The Association of the Lao Garment Industry (ALGI) hopes that soon every village will have at least one shop stocked with clothes produced locally....

Laos-China Railway Upgrades its Train Ticket

The Laos-China railway has modified its train ticket design so that relevant information is listed in a more streamlined manner. Since its inception last year,...

Ministry of Energy and Mines Suspends Foreign Mining Company

Ministry of Energy has issued a notice suspending the operations of a foreign mining company in Oudomxay due to recurring safety issues. The notice states...