Economy

Laos Collects USD 12 Million in Digital Taxes From Global Tech Companies

Laos has collected approximately USD 12 million in digital taxes from global technology companies since introducing its digital tax system in late 2024, according to Deputy Prime Minister and Minister of Finance Santiphab Phomvihane. The tax applies to foreign digital service providers without a physical presence in Laos, including Microsoft,...

Laos Agricultural, Forestry Exports Top USD 1 Billion in First Half of 2026

Laos earned more than USD 1 billion from agriculture and forestry exports in the...

Champasak Signs Deal for New 5-MW Solar Power Project

Authorities in Champasak signed a concession agreement on 3 July with a private company...

Myanmar’s Leader Wraps First ASEAN Visit in Laos, Signs Mekong Dam Study

Myanmar's recently elected President, Min Aung Hlaing, who seized power in the 2021 military...

Vietnam, Philippines Reach Upper-Middle-Income Status as Laos Eyes 2035 Target

Vietnam and the Philippines have been reclassified as upper-middle-income economies by the World Bank,...

Laos Partners with European Union for New Forest Conservation Project

The Ministry of Agriculture and Environment, the Wildlife Conservation Society (WCS) Laos, and the European Union have launched a EUR 1.6 million (nearly USD...

Laos Eyes Hydrogen-Roasted Coffee to Lift Exports, Cut Emissions by 2027

Laos is advancing to transform its coffee sector by 2027, shifting the focus to higher value, cleaner production, and stronger access to international markets....

Japan Restarts World’s Biggest Nuclear Plant

By Mathias Cena with Kyoko Hasegawa/AFP - The world's biggest nuclear power plant was restarted on 21 January for the first time since the...

Laos Introduces Fines for Damaging, Misusing Banknotes

The Lao government began enforcing new rules on the use and handling of banknotes on 20 February, introducing fines for damaging or misusing cash...

New Laos–Germany Agreement Boosts Support for Forest, Biodiversity Protection

Laos and Germany have agreed to expand cooperation on forest and biodiversity protection, reinforcing joint efforts to conserve natural ecosystems while supporting sustainable livelihoods...

Government Tightens Controls on Burning Activities to Curb Forest Fires, PM2.5

The Lao government has announced stricter measures to prevent forest fires and reduce PM2.5 pollution during the January–April dry season, warning that uncontrolled burning...