Economy

Laos Collects USD 12 Million in Digital Taxes From Global Tech Companies

Laos has collected approximately USD 12 million in digital taxes from global technology companies since introducing its digital tax system in late 2024, according to Deputy Prime Minister and Minister of Finance Santiphab Phomvihane. The tax applies to foreign digital service providers without a physical presence in Laos, including Microsoft,...

Laos Agricultural, Forestry Exports Top USD 1 Billion in First Half of 2026

Laos earned more than USD 1 billion from agriculture and forestry exports in the...

Champasak Signs Deal for New 5-MW Solar Power Project

Authorities in Champasak signed a concession agreement on 3 July with a private company...

Myanmar’s Leader Wraps First ASEAN Visit in Laos, Signs Mekong Dam Study

Myanmar's recently elected President, Min Aung Hlaing, who seized power in the 2021 military...

Vietnam, Philippines Reach Upper-Middle-Income Status as Laos Eyes 2035 Target

Vietnam and the Philippines have been reclassified as upper-middle-income economies by the World Bank,...

Asia Development Bank Backs Urban Planning for Resilient and Sustainable Cities in Laos

The Asian Development Bank (ADB) has approved a USD 700,000 grant to support feasibility studies and project preparation for more resilient and sustainable urban...

Former Ban Keun Zoo Reopens as Wildlife Rehabilitation Centre Near Nam Pien Yorlapa

The former Ban Keun Zoo in Vientiane is set to begin a new chapter as a wildlife rehabilitation centre, with operations relocating near the...

Nam Mo 2 Reservoir in Xieng Khouang Impounded, Final Construction Phase Underway

The Nam Mo 2 Hydropower Project in Xieng Khouang Province successfully impounded its reservoir on 10 January, marking a major milestone as the project...

Laos-China Railway Enables Record-Breaking Journey from Singapore to Portugal

The world’s longest train journey now runs from Singapore to Portugal, covering nearly 19,000 kilometers across 13 countries and linking Southeast Asia to Western...

Laos Sets Digital Transformation as Key Driver of Modernization

Laos has placed digital transformation at the centre of its national development agenda, identifying it as a key driver of modernization, productivity, and sustainable...

Bueng Kan–Bolikhamxay Cross-Border Bus Service Begins Trial Operations

A new cross-border bus service linking Bueng Kan Province in Thailand with Bolikhamxay Province in Laos began trial operations on 7 January, aiming to...