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,...

Southeast Asian Central Banks to Connect Payment Systems via QR Code

Central banks in Southeast Asia hope to link payment systems across the region this year using QR code technology. Perry Warjiyo, Governor of the Bank...

Thai Tourists Flock to Northern Laos Heritage Town of Luang Prabang

Luang Prabang, the UNESCO Heritage City of northern Laos, has seen a surge of interest from Thai tourists in recent weeks amid celebrity trips...

Man Killed Exiting Vehicle on Vang Vieng Expressway

A man was killed after exiting his vehicle on the Vientiane to Vang Vieng Expressway Wednesday evening. The Vientiane Rescue team reported that the...

Chifeng Jilong Gold Partners with Lao Mining Development State Enterprise

Chifeng Jilong Gold has entered into a historical cooperation agreement with Lao Mining Development State Enterprise (LMD). The agreement will enable the parties to...

Laos-China Railway Clarifies Wet Weather Incident

The Laos-China Railway Company has issued a statement on its Facebook page clarifying an incident that occurred recently in which customers were caught in...

Representatives from Laos Attend Sydney Energy Forum

Laos has sent representatives from the energy sector to participate in the Sydney Energy Forum, held in Sydney, Australia from 12 to 13 July.  Indo-Pacific...