Economy

African Swine Fever Disrupts Pork Supplies, Beef Prices Rise in Vientiane

The pork shortage is putting pressure on Vientiane’s meat markets as African swine fever (ASF) spreads across Laos and authorities restrict the movement of pigs and pork. State media have confirmed outbreaks in two districts and three villages in Vientiane Capital, including Sangthong district, where 115 pigs died across two...

Corruption Crackdown in Laos’s Attapeu Province Uncovers Millions in Financial Irregularities

Attapeu authorities have detailed five years of corruption investigations and financial irregularities, including a...

Lao Migrant Workers Send Home USD 500 Million in First Seven Months of 2026

Lao migrant workers sent an estimated USD 500.7 million back to Laos during the...

Vietnam Emerges as Laos’ Second-Largest Foreign Investor with USD 8 Billion in Projects

Vietnam has become Laos's second-largest foreign investor, with more than 400 projects worth a...

Laos, China Launch Digital Payment Link For Cross-Border Transactions

Laos and China have launched a new digital payment link that allows Chinese visitors...

Nam Tha 1 Hydropower Station Successfully Sends Power to China

China and Laos have attained two-way transmission of power for the first time since a grid link project between the two countries was initiated...

Singapore Hungry for Electricity from Laos

Laos will shortly begin supplying Singapore with electricity under the Laos-Thailand-Malaysia-Singapore Power Integration Project (LTMS-PIP). Vientiane Times reported on Monday that a total of 100...

Ministry of Labor and Social Welfare Raises Minimum Wage

The Ministry of Labor and Social Welfare will raise the minimum wage for low-skilled workers amid the rising cost of living in Laos. According...

Laos Sells, Dissolves, and Reforms State Enterprises

Laos has begun selling shares in its state enterprises to local investors as part of reforms expected to unburden the state amid economic woes. A...

Bank of Laos Limits Daily Foreign Exchange Transactions

The Bank of the Lao PDR (BOL) has announced that commercial banks and currency exchange providers will be subject to new limits on the...

Laos Finance Minister Says Public Debt ‘Still Manageable’

Laos' Finance Minister Bounchom Oubonpaseuth has assured National Assembly members that public debt is still manageable, despite the total amount remaining considerable. Vientiane Times reports...