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...

Laos Sees Foreign Currency Outflow of Over USD 303 Million this Year

The Lao government has reported a foreign currency outflow of over USD 303 million in the first nine months of this year. According to a...

Vientiane Residents Struggle with Fuel Shortage

  Motorists in Vientiane have taken to social media citing a chronic fuel shortage among petrol stations in the capital. Petrol stations have found themselves intermittently...

Prime Minister of Laos Orders Full-Scale Preparations for National Reopening

The Prime Minister of Laos has ordered full-scale preparations for reopening the country amid the launch of the Laos-China Railway. Lao Prime Minister, Dr. Phankham...

Thailand Seeks Connection with Laos-China Railway

The Thai government has said it is seeking a way to link Thailand's Thai-Chinese high-speed railway line with the Laos-China Railway. A senior Thai official...

Lao State Inspection Authorities Uncover Trillions Lost to Corruption

The State Audit Organization and the State Inspection Authority of Laos have uncovered massive losses of over LAK 1.5 trillion and USD 147,387 this...

Fuel Prices Rise Again in Laos Amid Covid-19 Pandemic

The government of Laos has announced an increase in fuel prices for the sixteenth time this year, bringing the price of regular gasoline to...