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,...

Laos and Thailand Strengthen Relationship Following PM Talk

Thailand and Laos have signed a memorandum of understanding (MoU) on the formation of a strategic partnership that will include broad economic and infrastructure...

ECCIL EuroCham and the European Union Delegation Co-organized the 2nd Lao-Europe Business Networking and Promotion

The European Chamber of Commerce and Industry in Lao PDR (ECCIL EuroCham) and the European Union Delegation in Lao PDR co-organized the Lao-Europe Business...

Thais Caught Smuggling Petrol into Laos

Nong Khai Customs House has said that Thais have been caught attempting to smuggle fuel into Laos. Bangkok Post reports that Thai citizens have made...

Laos-China Railway Opens New Station in Oudomxay Province

The Laos-China railway has announced the opening of a Namor Railway Station in Oudomxay province starting 1 June.  A standard K12/1 train will be put...

Laotians Continue to Visit Thailand for Petrol

Laotians are flocking to Nong Khai, Thailand, to fill their vehicles with petrol in response to chronic fuel shortages in Laos. According to Channel One...

Laos Party Central Committee Resolves to Address Economic Problems

The Lao People's Revolutionary Party Central Committee has resolved to take immediate measures to address the country's economic issues, including the fuel shortages, spiraling...