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 State Fuel Company to Purchase Fuel from Xieng Khouang Refinery

As fuel shortages worsen, the Lao State Fuel Enterprise has signed a purchase agreement with an oil refinery in Xieng Khouang. Mr. Sisangkhom Khotyotha, Director...

Laos Chamber of Commerce Proposes Strategies to Stabilize Currency

The Lao National Chamber of Commerce and Industry has proposed a number of strategies for stabilizing the currency and ending the ongoing fuel crisis...

“Fuel Tourism” as Laotians Cross into Thailand to Fill Up

A new type of tourism has emerged as a burgeoning fuel crisis sweeps across Laos, with Laotians crossing into Thailand to fill up their...

Government of Laos Seeks Way Out of Fuel Crisis

The Government of Laos is seeking solutions to the fuel crisis, including finding ways to access the foreign currency desperately needed to bail out...

Vientiane Province Closes Tourist Sites Around Nam Ngum Reservoir

Tourism sites around the Nam Ngum Reservoir will be closed to visitors for 18 months due to a development project in Keooudom District, Vientiane...

Laos Fuel Crisis Nears Breaking Point as Vientiane Capital Runs Dry

Motorists in the nation's capital queued for hours yesterday in the hope of filling up their tanks before pumps ran dry. Provinces across the country...