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,...

Lao Officials Promote Environmental Protection at Mining Projects

Laos is promoting investment in mining to boost revenue through the export of natural resources, however, officials say it must also ensure environmental protection. ...

New Expressway to Link Houaphanh Province with Vietnam

The Government of Laos has agreed with contractors to conduct a feasibility study for the construction of an expressway from Houaphan Province to the...

AIF Group Purchases Majority Stake in Entreprise des Postes Lao 

AIF Group has purchased a major stake in Laos’ state-owned post company, Enterprise de Postes Laos. A signing ceremony was held on 28 April at...

Ariana Invests in Laos Gold and Copper Exploration with Asgard Metals

Ariana Resources, via its wholly-owned Asgard Metals Fund, is to take an interest in Annamite Resources Holdings Pte Ltd, a Singapore-based company with copper and...

Government of Laos Vows to Tackle Currency and Fuel Prices in May

The Government of Laos has outlined currency depreciation and high fuel costs as the two most urgent issues it will tackle this month. Government Spokesperson...

World Bank Country Director for Laos Meets with Finance Minister

The World Bank Group’s Country Director for Myanmar, Cambodia, and Lao PDR, Mariam Sherman, today began her first visit to Laos by meeting the...