Economy

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 for 2025 and is restructuring to prepare for an eventual listing on the stock exchange, as the state fuel giant seeks to transform into a modern public company. At LSFC’s annual performance review on 23 July,...

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 Eyes State Fuel Stations as Future EV Charging Hubs

Laos is exploring plans to turn state-owned fuel stations into electric vehicle (EV) fast-charging...

Online Sellers Face Renewed Enforcement of Business Registration Rules

Online sellers in Vientiane must register as businesses and obtain an e-commerce licence or...

Government Makes Urgent Attempt to Curb Fuel Prices in Laos

The government of Laos has held talks on ways to control rising fuel prices faced by the country amid volatile global markets. According to the...

Police and Military to Jointly Patrol Laos-China Railway

Defense forces and public security forces are to jointly patrol the Laos-China Railway to ensure the smooth operation of railway services. Vientiane Times reports that...

Thai Baht Reaches Five-Month High

The Thai baht hit a five-month high on Monday with optimism over the nation’s tourism sector boosting inflows. Reuters reports that the baht rose as...

Laos-China Railway Opens Ticket Office at Vientiane Center

The Laos-China Railway Company is to open a ticket sales office at the Vientiane Center shopping complex in Vientiane Capital. CRI reports that the new...

Laos Reduces VAT to Support Hard-hit Economy

Laos has lowered its value-added tax (VAT) rate as part of the government's post-Covid-19 economic recovery efforts. Under new regulations issued in December, the standard...

No End In Sight for Trucks in Laos Stranded at Chinese Border

Authorities in Luang Namtha Province are scrambling to assist thousands of trucks and other vehicles stranded at the border with China in Boten. A...