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,...

‘Unlocking’ Reform Policies Can Help Laos Realize Economic Potential

Laos is facing significant economic challenges but has the potential to develop sustainably and more equitably, according to a new World Bank report. The latest...

Inflation Rate Hits 12.8 %

The rate of inflation in Laos reached 12.8% in May, the highest point in 15 years. According to information provided by the Bank of Laos,...

Laos Exports Sticky Rice to China through Railway System 

Laos exported the first large quantity of sticky rice to China from the Southern Vientiane Railway Station. Vientiane Times reports that Indochina Development Partners Lao...

Prime Minister of Laos Appoints Taskforce to Address Economic Problems

The Prime Minister of Laos has formed a special taskforce to address the country's economic problems and resolve an ongoing fuel crisis. According to a...

Vientiane-Vang Vieng Expressway Resumes Operation After Shooting 

The Vientiane-Vang Vieng expressway continues to operate and ensure customer safety following a shooting at the exit tunnel between Hin Heup and Vientiane. Vientiane...

LXML Pays USD 5.84 Million Royalty for 1st Quarter 2022 to Lao Government

Ministry of Finance (MOF), State Assets Management Department, Director General, Mr Phouthasin Heungthavong received a royalty payment for the first quarter of 2022 copper-gold...