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,...

USAID and UNFPA Join Hands to Support 5th Population and Housing Census 2025

The United State Agency for International Development (USAID) has committed USD 500,000 to support the preparation of the 5th Population and Housing Census (PHC)...

Vientiane Railway Station Announces Overnight Parking and Toilet Facilities

The Laos-China Railway Company has announced an upgrade to facilities at Vientiane Railway Station that will secure overnight parking and public toilets. The railway company...

Government Celebrates Success of Nang Noi Girls’ Groups Project in Namor

The United Nations Population Fund (UNFPA) in partnership with the Ministry of Education and Sports (MoES) and the Korea International Cooperation Agency (KOICA), organized...

International Companies Struggle to Get Dollars in Myanmar

Foreign companies in the country are grappling with an increasing shortage of U.S. dollars, with the military government's unpredictable foreign currency regulations putting their...

New Oil Refinery Awaits Government Approval to Start Operations

Lao-China Oil Refinery has not started its oil distribution as the price structure is not approved by the government yet. Minister of Energy and Mines,...

Biodiversity Project Extended in Nongkhamsean Wetland

Agro-Forestry Development Consultant (AFDC) in Vientiane Capital has extended a project in the Nongkhamsean Wetland to protect biodiversity, sustain ecology, and increase ecotourism. Vientiane Times...