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,...

Vang Vieng Criticized for Unscrupulous Price Gouging

A sudden influx of international visitors to the tourist town of Vang Vieng has seen food and accommodation prices skyrocket, with many calling for...

Laos to Produce More Fertilizer and Animal Feed Amid Supply Chain Turmoil

The government of Laos is urging private companies to invest in the manufacturing of fertilizer and animal feed in response to global supply chain...

Laos Passport Office Admits Delays, Denies Corruption Claims

Residents in Laos have complained of long queues while lodging passport applications, as well as widespread corruption involving brokers. The Consular Department, under the Ministry...

Northeast Thailand Feels the Pinch Amid Slow Return of Shoppers from Laos

Businesses in northeastern Thailand have noted that cross-border trade has been slow to recover following the reopening of borders with Laos, with improved domestic...

Nam Theun 1 Power Company Issues Statement on Leak Rumors

The Nam Theun 1 Power Company has issued a statement in response to concerns by residents in Laos regarding seepage near the dam wall. Photographs...

MEM and the Carbon Trust Promote Energy Efficiency As Campaign in Laos

The Ministry of Energy and Mines (MEM) and the Carbon Trust, an international climate consultancy, have joined forces to raise awareness of energy efficiency...