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,...

Flooding Wrecks 90% of the Agricultural Land in Oudomxay

Tropical storm MA-ON has severely damaged 90 percent of agricultural lands and irrigation systems in some districts of Oudomxay Province. Mr. Phimmasane Khonsilivong, head of...

Thai Court Shoots Down 10-year-old Case Against Laos’s Xayaburi Dam

A senior court in Thailand has thrown out a lengthy case by activists against the Xayaburi Dam in Laos. The Supreme Administrative Court of Thailand...

Nam Ngum 1 Dam Begins Operating New Extension

The expansion of the hydropower station in Nam Ngum 1 dam was officially launched on Saturday with assistance from the Japanese government.  The existing dam...

Transport Trucks Remain Stranded at Laos-China Border

Strict Covid-19 controls by China have meant cargo trucks from Laos have been unable to deliver freight, leaving thousands of trucks stranded at the...

Laos Government Affirms Commitment to Preventing Default

The Government of Laos has reiterated its pledge to avoid default, with relevant agencies being directed to take more proactive measures to address the...

New UK Initiative to Boost Trade with Laos

A new initiative announced by the UK aims to promote the growth and prosperity of developing nations through the power of trade. The UK's new...