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,...

A Boom of New Lao Businesses

Over 7,640 new businesses registered to operate in Laos over the last six months, representing a 14.5 percent increase over the same period last...

Nam Lik 1-2 Power Company to Release Water

Residents of Vientiane Province have been advised by the Ministry of Energy and Mines to prepare for changes in water levels tomorrow due to...

Railway Fencing Stolen Along Laos-China Railway

The Laos-China Railway Company has reported the theft of fencing along the railway line, raising concerns for the safety of trains and passengers. Some 26-meters...

Vientiane Municipal Officials Admit Failure to Manage Flooding

Vientiane municipal officials have admitted that flooding in Vientiane Capital occurs due to blocked drains which have not been cleared because of budget constraints. Head...

Tri-Country Freight Train to Run through Malaysia, Thailand and Laos

The new tri-country freight train, or ASEAN express, between Malaysia, Thailand and Laos will begin operating in October of this year. The Star reports...

Laos Sees Trade Deficit of USD 144 Million in July

Laos posted a trade deficit of 114 million US dollars in July as the balance of imports and exports trended downward. According to the most...