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...

Lao Kip Drops to 15-Year Low

The Lao kip has continued its depreciation against foreign currencies, reaching its lowest value against the US dollar in more than fifteen years. The value...

Local Company to Construct Smart City in Vientiane Capital

Lao-owned construction company Douangchaleun Development Construction Group is to construct a Smart City development project in the capital of Laos. The government of Laos has...

Laos Examines Expressway Route to Vietnam

The Government of Laos is discussing plans for a new expressway running from Vientiane through Xaysomboun, Xieng Khouang and Houaphan provinces to the Vietnamese...

Farmers Encouraged to Replace Tobacco Crops in Laos

Health officials in Laos have asked the government to encourage farmers to grow other crops as alternatives to growing tobacco. Deputy Minister of Health, Dr....

Government Issues Regulations for Cryptocurrency Miners and Platforms in Laos

The government of Laos has issued new regulations governing cryptocurrency mining operations and trading platforms. The new regulations specify the types of businesses that can...

Vientiane Capital Reserves Land for Smart City Development

The sale of land across 12 villages in two districts of Vientiane Capital has been prohibited by city authorities after greenlighting a Smart City...