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Vientiane
Friday, November 14, 2025
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Economy

EDL-Gen Signs an Agreement to Boost Floating Solar, Carbon Credit Initiatives

On 10 November, Électricité du Laos Generation Public Company (EDL-Gen) signed an agreement with South Korean firm CS Tech Co., Ltd. to develop floating solar installations on its hydropower reservoirs and advance carbon credit initiatives. Souksavath Sosoupanh, Managing Director of EDL-Gen, stated that the partnership will install floating solar panels...

National Assembly Calls for Action on Roads, Education, Agriculture

At the 10th Ordinary Session of the 9th National Assembly on 11 November, members...

Construction Begins on National Road No. 2W Upgrade Project Worth USD 10 Million

On 11 November, the Ministry of Public Works and Transport (MPWT) signed a contract...

Mineral Sector Surpasses Five-Year Goals as Government Strengthens Oversight

Laos’ mineral sector recorded production worth LAK 36,175 billion (approximately USD 1.67 billion) in...

Laos Cuts Public Debt to 88 Percent of GDP, Reports Budget Surplus

Laos has successfully reduced public debt from 112 percent of GDP in 2022 to...

Covid-19 Restrictions Could be Eased to Minimize Economic Impact

Authorities have said that after 11 consecutive days without a new case of Covid-19 in Laos, some lockdown restrictions could potentially be eased. Prime Minister...

Laos to Experience Stunted Economic Growth amid Coronavirus Pandemic

As a result of the effects of the Covid-19 pandemic, Laos' Gross Domestic Product (GDP) is expected to rise by only 3.3 percent in...

Vientiane Economic Officials Patrol Wet Markets, Enforce Price Controls

Government officials from Vientiane Capital were on the scene at wet markets to enforce compliance with the government's instruction prohibiting price gouging of essential...

World Bank Approves Emergency Financing for Covid-19 Response

The World Bank’s Regional Vice-Presidency of the East Asia and Pacific Region yesterday approved US 18 million for Lao PDR to help the country...

Ministry Orders Temporary Suspension of Mining Activities, Hydropower Construction

The Lao Ministry of Energy and Mines has ordered the temporary suspension of mineral processing plants and hydropower construction projects under a new notice...

Lao Government To Provide Tax Breaks, Reduced Rates Amid Coronavirus Outbreak

The Lao government is to reduce and defer the payment of tax, customs, and other administrative fees during the coronavirus outbreak. Deputy Prime Minister Dr....