Economy

African Swine Fever Disrupts Pork Supplies, Beef Prices Rise in Vientiane

The pork shortage is putting pressure on Vientiane’s meat markets as African swine fever (ASF) spreads across Laos and authorities restrict the movement of pigs and pork. State media have confirmed outbreaks in two districts and three villages in Vientiane Capital, including Sangthong district, where 115 pigs died across two...

Corruption Crackdown in Laos’s Attapeu Province Uncovers Millions in Financial Irregularities

Attapeu authorities have detailed five years of corruption investigations and financial irregularities, including a...

Lao Migrant Workers Send Home USD 500 Million in First Seven Months of 2026

Lao migrant workers sent an estimated USD 500.7 million back to Laos during the...

Vietnam Emerges as Laos’ Second-Largest Foreign Investor with USD 8 Billion in Projects

Vietnam has become Laos's second-largest foreign investor, with more than 400 projects worth a...

Laos, China Launch Digital Payment Link For Cross-Border Transactions

Laos and China have launched a new digital payment link that allows Chinese visitors...

Bank of Laos Orders Phousy Group Suspend Welnance Cryptocurrency Operations

The Bank of Laos has ordered Phousy Group to cease operations of its Cryptocurrency exchange known as Welnance. According to a notice issued yesterday by...

Chinese Private Security Firm Provides Security Services Along Laos-China Railway

A private security firm based in China has won the contract to provide security services for the Vientiane to Boten section of the Laos-China...

Vientiane Capital to Redevelop Canal Behind Mahosot Hospital

Authorities in Vientiane Capital are to redevelop the Don Chan drainage canal behind Masot Hospital and transform it into a clean and attractive area. The...

Laos to See Mineral Earnings of USD 463 Million in Fourth Quarter

Laos expects to earn USD 463 million in the final quarter of this year from mineral sales both domestically and for export, after earning...

Government to Spend Over USD 100 Million to Boost Domestic Production in Laos

The government of Laos plans to spend over USD 100 million to promote domestic production in the country and boost exports. A loan from China's...

Germany provides additional EUR 1.45 million to Mekong River Commission

  Germany is allocating a further EUR 1.45 million to the Mekong River Commission (MRC) to tackle development and management challenges in the Lower Mekong...