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,...

Paths to Recovery in Laos: Restore Economic Stability, Increase Inclusion, and Strengthen Resilience

Critical near-term challenges for Laos include restoring macroeconomic stability, improving economic inclusion, and protecting its people against environmental and economic shocks, according to a...

National Treasury and ICBC Cooperate in Tax Payment System

The National Treasury and the Industrial and Commercial Bank of China (ICBC) have begun cooperation in systems for payment of taxation into the state...

Interview with Israeli Ambassador to Laos, Mr. Nadav Eshcar

As Nadav Eshcar, Israeli Ambassador to Laos and Vietnam, concludes his five-year diplomatic mission in the region, he speaks with the Laotian Times to...

Geothermal Power to Generate Over USD 600 Million Annually for Laos

Laos will generate over USD 600 million each year from selling geothermal power to Vietnam.  The Lao Development and Investment Co., Ltd. (LDIC), the Canadian...

Australia Supports Laos in Improving Transport and Trade Connectivity

The Australian Government is supporting the Government of Laos in improving transport connectivity, cross-border trade, and logistics along an east-west corridor in northern Laos. A...

Laos to Bolster Sustainable Trade, Diversify Value Chains Under ARISE Plus Project

Representatives and stakeholders from the industry and commerce sector and the European Union came together to discuss sustainable trade solutions at the ARISE Plus...