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...

Over 1 Million Passengers Ride Laos-China Railway

Over 1 million passengers have traveled on the Laos-China Railway since its opening in December 2021, according to transport authorities in China's Yunnan Province. KPL...

Laos to Raise Minimum Wage by March This Year

Lawmakers have begun discussions surrounding a raise of the national minumum wage amid inflation and an increasing cost of living. Authorities in Laos have discussed...

Japan Funds Upgrade of Japanese Language Department at National University of Laos

The Japanese Government has provided grant assistance worth USD 92,485 for the Improvement of the Department of Japanese, National University of Laos. The grant has...

China Announces Closure of Borders with Luang Namtha

China has announced the closure of international border crossings connecting it to Luang Namtha Province in Laos due to local outbreaks of Covid-19. According...

SEZs to Develop Labor Skills and Employ Thousands of Workers in Laos

The Special Economic Zone Promotion and Management Office is to improve labor skills and see thousands of Lao people employed by SEZs across the...

Thailand Uncovers 20 Tonnes of Pork Smuggled from Laos

Authorities in Mukdahan, Thailand, have seized 20 tonnes of pork smuggled into Thailand from Laos across the Thai-Lao Friendship Bridge. Thai customs officers uncovered the...