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 Parking Ticket Causes Confusion

Motorists and taxi drivers have expressed their confusion over the Laos-China Railway Company's new parking ticket policy, which sees drivers charged for simply picking...

Laos Ranks 4th in the List of ASEAN Countries with Most Civil Servants

The Minister of Home Affairs has announced that civil servants in Laos comprise of 2.4% of the country's population and compared to ASEAN member...

A Steady Increase in Trade Turnover for Laos and Vietnam in 2022

A 27% increase has been reported from the same period last year, in the first eight months of 2022.  Laos's main export sources are electricity,...

Laos Ranks 111th in the World by Digital Quality of Life

The fourth annual edition of the Digital Quality of Life Index (DQL) reports that Laos is the 7th worst country to live in regarding...

Identity Proof Mandatory to Book Train Tickets, says Laos-China Railway

Laos-China Railway Company has issued a notice reminding passengers to bring proof of identification when purchasing tickets at any railway station. This will be...

Laos’ Financial Crisis Can Be an Opportunity for Reform

Country’s previous growth trajectory was not sustainable, writes Kanni Wignaraja, U.N. assistant secretary general and director of the U.N. Development Program’s Asia and the...