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,...

Laos National Assembly Holds Brainstorm Session to Solve Economic Problems

The National Assembly of Laos met yesterday for a special brainstorming session to address the country's economic problems. The brainstorming session was chaired by Mr....

Laos Taxes Foreign Tech Firms

The Ministry of Finance in Laos has issued a notice requiring foreign e-commerce and tech platforms to register for Value Added Tax (VAT) in...

World Bank Says War Shocks to Drag on Asian Economies in Coming Months

Disruptions to supplies of commodities, financial strains, and higher prices are among the impacts of the war in Ukraine that will slow economies in...

Laos to Approve More Than 300 New Mining Projects

Laos is considering the approval of 308 new mining investment projects across the country.  Deputy Ministry of Planning and Investment, Ms. Khamchanh Vongsenboun spoke during...

ADB: Laos Has Reformed Business Development, But More Needs To Be Done

Laos' regulatory environment for business development has improved, but more must be done to speed up the country's economic recovery. A new joint report by...

Feasibility Study Underway for Vientiane to Houaphanh Expressway

An expressway linking Vientiane Capital with Houaphanh Province is closer to reality after a feasibility study for the project was announced yesterday. A signing ceremony...