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Wednesday, July 2, 2025
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Economy

Tourism Fuels Revenue Surge in Luang Prabang in Five Months of 2025

Luang Prabang earned nearly LAK 700 billion (USD 32 million) in the first five months of 2025, with tourism playing a significant role, said Khammouane Khambounme, Head of the Provincial Tax Department. The province now aims to attract more visitors throughout the remainder of the year through improved tax management...

Lao Inflation Rate Eases to 7.2 Percent in June

Laos’ inflation rate eased for the second month in a row, falling to 7.2...

THAILAND: Contract Signing for Three-Airport High-Speed Rail Expected in July After Five-Year Delay

Thailand’s high-speed rail project connecting Don Mueang, Suvarnabhumi, and U-Tapao airports is set to...

Laos Deploys Soldiers as Volunteers to Address Rural Teacher Shortages

Laos will recruit 2,000 soldiers to serve as volunteer substitute teachers in remote areas...

Laos Strengthens Connectivity with 18 Cross-Border Transmission Lines

Laos has expanded its telecommunications network, now operating 18 cross-border transmission lines with Thailand,...

Fifth Lao-Thai Friendship Bridge Approved

The Lao and Thai governments have officially given the green light to the construction of the 5th Lao-Thai Friendship Bridge that will soon link...

Fuel Prices Rise Again and May Rise Further

The retail price of fuel has just risen again as of Saturday (May 26). According to a statement signed by the Minister of Industry and Commerce, petrol companies and gas stations across...

Government Declares One-Dish Menu Items to Be Priced No More Than 15,000 Kip

The Ministry of Industry and Commerce has just announced that it will be implementing a new price control policy, in Vientiane Capital, on the following popular...

Rising Fuel Prices Cause Inflation

The rising price of fuel has been identified as the culprit behind inflation in Laos, causing the government to take steps to address this economic risk. According to the latest report...

World Bank Supports Laos’ Agricultural Sector

The US$25 million Lao PDR Agriculture Competitiveness Project aims to help over 140,000 people by making the planting of rice, maize, and vegetables more productive and...

NERI: Lao Economy Needs Diversification

An economic update released last month by the National Economic Research Institute (NERI), a government body led by former Prime Minister Bouasone Bouphavanh, stated that the...