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,...

Bank of the Lao PDR Considers Measures to Combat Exchange Issues

The central bank of the Lao PDR is considering measures to address money-related problems including Kip depreciation and rising inflation. According to the Lao News Agency...

Bank of the Lao PDR to Issue 5 Trillion in Saving Bonds 

The central bank of Laos PDR will issue LAK 5 trillion in savings bonds to individuals and legal entities residing in the Lao PDR,...

Laos Needs Improved Hydropower Safety Legislation: Energy Minister

Lao Minister of Energy and Mines, Mr. Daovong Phonekeo, says enacting a specific law to ensure dam safety is a vital part of the country's...

MRC Unveils Technology to Monitor Mekong Water Quality and Fish Migration

With hydrological projects now a daily reality along Southeast Asia’s most important waterway, the Mekong River Commission and its partners have introduced new technology...

Bolikhamxay Province Runs Out of Diesel Fuel

Petrol stations in Bolikhamxay Province have completely run out of diesel fuel, forcing many to close down for several days. The District Department of Industry...

Domestic Tourists in Laos Lured Away by Renewed International Travel

With international borders recently reopened, high-volume domestic destinations such as Vang Vieng, which received an influx of domestic tourists during the pandemic, have begun...