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,...

Govt Vows to Get a Grip on Public Debt

A two-day cabinet meeting was held last week where the government promised to tackle concerns about the increasing public debt of the country which...

iPhone 14 Lineup Available in Laos by Mercantile

Mercantile Pacific will offer the most advanced pro lineup ever with iPhone 14 Pro and iPhone 14 Pro Max, featuring the first 48MP camera...

Laos Discusses Learning Solutions at UN Summit in New York

A delegation from the Ministry of Education and Sports, accompanied by UNICEF Laos, has concluded its mission to New York for the global Transforming...

Laos Economic Growth Rating Lowered by ADB

The Asian Development Bank (ADB) reduced the economic growth recovery predictions for Laos due to supply disruptions and rising commodity prices that have increased...

Economic Corridor to Boost Regional Trade and Growth Through Laos

The Ministry of Public Works and Transport on Wednesday launched an initiative to improve transport, connectivity, climate resilience, and east-west regional trade across the...

Laos, Thailand and China to Construct New Railway Bridge for Freight

Thailand has been transporting more cargo to China by rail since the opening of the Laos-China railway. The shorter time required to carry products...