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,...

Housing for Attapeu Flood Victims Still Unfinished

New homes for victims of the 2018 dam collapse in Attapeu Province have yet to be completed nearly four years after the disaster. KPL reports...

Lao New Year Ticket Turmoil on Laos-China Railway

An increase in travel ahead of the Lao New Year holiday has caused mayhem at ticketing offices along the Laos-China Railway. Lengthy queues formed at...

Uncontrollable Inflation Reaches 8 Percent in Laos

Laos' year-on-year inflation rate increased to 8.5 percent in March, the highest recorded in some years. According to information provided by the Bank of Laos,...

Railway Extension between Laos and Thailand to be Complete by June

An extension of the Laos-Thailand Railway between Thanaleng Station and inner Vientiane is expected to be complete by June this year. An update on the...

MRC Secretariat Chief Calls for Urgent Action in First Mekong Day Address

Mekong River Commission Secretariat CEO Dr. Anoulak Kittikhoun sounded the alarm about the unprecedented challenge now facing the river on "Mekong Day." In his speech...

Government of Laos Consults with Private Sector on Fuel Pricing

The Lao Ministry of Industry and Commerce and the Ministry of Finance held a meeting yesterday with members of the private sector to discuss...