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 Records USD 48 Million Trade Surplus in February

Laos posted a USD 48 million trade surplus in February 2022, with exports totaling USD 519 million and imports totaling USD 471 million. According to...

MRC Mekong Monitoring Stations Will Better Protect Downriver Denizens

The Mekong River Commission (MRC) on Friday unveiled the first water-level monitoring station to be positioned atop the Lower Mekong River Basin.  The station is...

Workers Struggle to Survive on Low Minimum Wage

The Lao Federation of Trade Unions (LFTU) has urged businesses to pay a higher minimum wage. Vientiane Times reports that garment factories, in particular, were...

Government of Laos Opens Bidding for Electric Vehicle Purchase

The government of Laos has opened a bidding process to purchase over a hundred electric vehicles for Party and government leaders. A ceremony for the...

First Thai Durians Enter China via Laos-China Railway

Thai durians have been being shipped to China via the Laos-China Railway for the first time. Khaosod news reports that 40 tonnes of durian, along...

Laos-China Railway Suspends Vientiane-Luang Prabang Route Amid Omicron Outbreak

The Laos-China Railway has suspended some passenger train operations between Vientiane and Luang Prabang until 31 March. The company said in a statement on Saturday...