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,...

Locals Face Major Fuel Shortage in Luang Namtha

A major fuel shortage in Luang Namtha District yesterday saw just one petrol pump open as residents flocked to fill up. Residents of Luang Namtha...

Overview of Laos’ Economy in 2021 and Forecast for 2022

The Lao National Socio-Economic Research Institute has released a report on the state of the economy in Laos for 2021, as well as predicted...

BCEL Withholds 2021 Dividends

The Banque Pour Le Commerce Exterieur Lao Public (BCEL) has announced that 2021 dividends will not be paid out to shareholders. According to a recent...

Laos’ Surging Inflation a Cause for Concern

Residents in Laos have begun to voice concerns about the impact of rapidly rising inflation on the cost of living. Inflation in Laos is set...

Laos-China Railway Warns Against Trespassing and Climbing Barriers

The Laos-China Railway Company is warning people who trespass or illegally climb over barriers that their actions could be deadly. Residents were caught by railway...

Laos Issues New Legislation Authorizing Natural Timber Product Exports

The Lao government has issued new legislation authorizing the export of natural wood products. The new regulation is aimed at boosting production and wood processing,...