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 Increases Minium Wage, Excludes Overtime

An increased minimum wage is officially in effect across Laos today, however, overtime and other benefits have not been included. The increased minimum wage,...

Obsolete System, Corruption Delay Land Title Registration

The Head of the Department of Natural Resources and Environment commented on the delay of land registration during the 2nd National Assembly Session on 22 July.  Mr. Bounsom...

Four Years On, Attapeu Dam Collapse Victims Continue to Wait for New Homes

Victims of the dam collapse in Attapeu Province continue to wait for housing, four years after the disaster.   When the saddle dam of the...

Laos Ranks 72 in Global Mobile Data Pricing Survey

Laos has one of the highest internet costs in Southeast Asia, ranking 72nd in the world and eighth among ASEAN nations, according to a...

Laos Seeks Fuel from Saudi Arabia

Laos may consider importing fuels from Saudi Arabia after recent talks following a visit by the Saudi foreign minister in March. According to a press...

Laos-China Railway Proposes Standing Tickets

The Laos-China Railway has proposed standing tickets as a way to accommodate large volumes of passengers following the reopening of the country to tourism. The...