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,...

Vice Minister of Energy and Mines Opens LXML Sepon Underground Mine

Community and government stakeholders yesterday visited Lane Xang Minerals Limited (LXML) Sepon mine opened the first modern underground mine in Lao PDR. With a mineral...

Bank of Laos Blames Currency Manipulation for Crisis

The Bank of the Lao PDR has called out currency manipulators and blamed the importation of unnecessary luxury items as reasons for the current...

Laos Sees Over 2,000 Visitors After Full Reopening

Laos has recorded more than 2,000 arrivals at land borders and Wattay International Airport following the country's 9 May reopening. Dr. Kikeo Khaykhamphithoune, Deputy Prime...

Students in Laos See a Difficult Future in the “New Normal”

With the government’s recent decree reopening the country, many in Laos are hoping to pick up where they left off before the pandemic abruptly...

Laos Economic Recovery Challenged by Debt and Rising Prices

While the economy is beginning to recover from the effects of Covid-19, Laos faces stiff challenges associated with long-standing macroeconomic imbalances, according to the...

Vientiane Petrol Station Owner Issues Apology for Coffee Confusion

The franchisee of a PTT petrol station in That Luang, Vientiane Capital, has publicly apologized for forcing customers to purchase coffee prior to being...