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Saturday, July 12, 2025
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Economy

Laos Begins Compensation Process for Railway-Affected Residents

The Lao government has begun compensating residents whose land and property have been affected by the Lao-Thai Railway Project, despite ongoing delays in updating land documentation. During the 9th Ordinary Session of the Vientiane Capital People’s Council on 9 July, members raised concerns about delays in updating land titles for...

Laos Launches New Training Program to Empower Underprivileged Lao Youth

Underprivileged Lao youths are set to receive skills training and job preparation through a...

Vientiane Capital Approves Tap Water Price Increase

On 9 July, the Vientiane Capital People’s Council approved a proposal to increase tap...

Laos Launches Climate-Smart Farming Project in Six Provinces

Laos is stepping up efforts to tackle climate-related food insecurity and open new export...

Laos to Upgrade National Road 13 in October 2025, Completion Expected by 2028

The Lao government will begin a major upgrade of a 50-kilometer stretch of National...

Laos Suffers Trade Deficit of USD 137m in 2019

Laos recorded a trade deficit of USD 137 million in 2019, although the country exported more than its yearly plan. The value of exports last...

Laos Sees 145% Energy Export Growth between 2016-2020

Laos has increased its electricity exports by 145 percent over the past five years amid a growing number of hydropower plants. The country expanded electricity...

World Bank Classifies Laos as Lower-Middle-Income Economy for 2020

The World Bank has classified Laos as a lower-middle-income economy in its latest classification for the 2020 fiscal year. The bank classifies the world’s economies...

Moody’s Assigns First-time Issuer Rating of B3 to Laos

American credit rating agency Moody’s has assigned a B3 rating with a positive outlook to the government of Laos, citing the country’s high economic...

Lao Stock Exchange Sees Steady Growth

Almost a decade ago, the Lao Stock Exchange launched with only a few public companies. Now, it boasts 11 registered companies, all of which...

Laos to Bolster Tax Collection via New Laws

Laos has teamed up with the World Bank, revealing new laws on taxation that would boost the productivity of businesses and ensure accurate and...