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,...

Nam Ngum 4 Hydropower Project 90% Complete

The Nam Ngum 4 Hydropower Project in Xieng Khouang province is now 90% complete, valued at over USD 760 million.  KPL reports that Xieng Khouang,...

National Assembly Passes Resolution On Fuel Price Stabilization Measures

The National Assembly of Laos has passed a resolution to reduce the excise tax on fuels in order to attempt to avert a fuel...

Covid and Conflict Complicate Fruit Supply Across Southeast Asia

China’s zero-Covid policy for imports has disrupted the Thai exportation of durian crops, while coffee farmers in Vietnam have resorted to growing avocados and...

Laos to Seek Oil From Russia

A notice issued by the Prime Minister's Office yesterday directed relevant ministries to seek cheap oil from Russia. The notice was in response to proposals...

Inflation Reaches 9.9 Percent in Laos

Year-on-year inflation in Laos increased to 9.9 percent in April, according to the latest statistics from the Lao Statistics Bureau. Inflation jumped from 6.25 percent...

Government of Laos calls on Society to Save Petrol

The Government of Laos has called on society to try to save petrol as much as possible amid a growing fuel crisis in the...