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 and Singapore Leaders Meet to Discuss All Things Energy

The two countries are also looking at increasing cooperation in evolving areas like digital, sustainability and environmental protection. Laos and Singapore will be celebrating the...

Attapeu Villagers to be Compensated For Losing Land to Dam Construction

Over 20 families in Khanmaknao village, Xanamxay district, Attapeu province, will be compensated for losing their land to a hydropower project on the Sekong...

ASEAN Countries Unite to End Violence Against Women 

Earlier last week, Lao Women’s Union (LWU) and the National Commission for the Advancement of Women, Mother-Child (NCAWMC) hosted the International Conference on Preventing...

Luang Namtha Residents Receive Houses from Laos-China Railway

People affected by the Nateuy station construction project by the Laos-China railway have been moved to newly-built houses in Luang Namtha Province. Lao Youth Radio...

East Asia and Pacific Sustain Economic Growth, Restrain Inflation, but Face Risks Ahead

Growth in most of developing East Asia and the Pacific rebounded in 2022 from the effects of Covid-19, while China has lost momentum...

Laos Sees Trade Deficit of USD 166 Million in August

Laos reported a trade deficit of USD 166 million in August as it imported substantially more goods than it exported from the country. There...