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 Oil Refinery in Xieng Khouang to Begin Production Soon

Laos' new oil refinery in Xieng Khouang Province will begin processing crude oil in the coming months. The refinery, located in Pek District, Xieng Khouang Province,...

Vientiane’s Saysettha District to Rezone Roadside Shops and Restaurants

Authorities in Saysettha District of Vientiane Capital are to rezone stalls selling construction materials and roadside restaurants. Major roads in Saysettha District have experienced traffic...

Rice Prices Rise in Asia Amid Stockpiling, Conflict

Global events including lockdowns and conflict have pushed rice prices upward across Asia. Rice prices in Asia rose this week on account of several situations,...

Laos-China Railway Opens Luang Prabang Ticket Office

The Laos-China Railway has opened an official ticket sales office in Luang Prabang to better facilitate the purchase of tickets along major stops. The ticket...

Luang Prabang’s Reconstructed Island Ready for New Year Celebrations

A project to reconstruct the sacred Moung Khoun Island in Chomphet District, Luang Prabang, has been completed in time for Lao New Year celebrations. The...

Government of Laos May Move to Weekly Fuel Price Adjustments

The government of Laos may begin making fuel price adjustments every five to seven days, rather than every two weeks. KPL reports that Minister of...