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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...

Laos Sees 76% Increase in Banana Export Value in 2019

A surge in production has seen Laos increase the export value of bananas by 76 percent. The export value of bananas to neighboring countries, mainly...

Laos to Clear 10,000 Hectares of UXO in 2020

The Lao National Regulatory Authority (NRA) for the UXO and mine clearance sector has set a target this week to clear and destroy unexploded...

Laos to Experience Electricity Shortage During Hot Season

Electricity generation will not be sufficient to supply all areas in Laos during times of peak consumption from March to June, according to authorities,...

Laos Suffers Trade Deficit of USD 137m in 2019

Laos recorded a trade deficit of USD 137 million in 2019, although the country exported more than its yearly plan. The value of exports last...

Laos Sees 145% Energy Export Growth between 2016-2020

Laos has increased its electricity exports by 145 percent over the past five years amid a growing number of hydropower plants. The country expanded electricity...

World Bank Classifies Laos as Lower-Middle-Income Economy for 2020

The World Bank has classified Laos as a lower-middle-income economy in its latest classification for the 2020 fiscal year. The bank classifies the world’s economies...