Economy

Laos Orders Local Trade Offices to Stop Restricting Business Competition

The Ministry of Industry and Commerce has ordered trade offices nationwide to stop imposing measures that restrict business competition or obstruct the movement of goods. Issued on 28 October, the order took effect immediately and applies to industry and commerce departments in Vientiane Capital and all provinces, as well as...

Laos Inflation Eases to 7.7 Percent as Electricity Costs Remain High

Laos’ inflation edged down to 7.7 percent in October from 7.8 percent in September,...

Laos Links South Korea Work Visas to Overstay Rates as Program Expands

Laos will suspend access to South Korea’s seasonal work program for 3 years if...

Laos Bans Money Bouquets, Crafts Made From Kip Banknotes

Laos has banned the production, sale, and advertising of crafts made from kip banknotes,...

Laos Targets Faster Border Checks in USD 5 Million Trade Project

Laos is preparing local businesses for higher costs when selling goods abroad, as the...

Laos Records USD 54 Million Trade Deficit in May

According to the newest information from the Lao Trade Portal website, Laos posted a trade deficit of USD 54 million in May of this...

Laos Joins Monthly Railway Meetings with Thailand and China.

Laos is to join a monthly meeting previously held between Thailand and China that will review updates on the progress of a plan to...

Lumpy Skin Disease Infects Over 2,000 Cattle in Vientiane

Some 2,330 cows and buffalo have been infected with lumpy skin disease across 128 villages in Vientiane Capital. According to a report by Lao National...

EDL Opens Complaint Center Amid Overwhelming Public Outcry

Electricite du Laos has held an emergency meeting to discuss public complaints about high electricity bills and the disciplinary steps to be taken against...

Farmers in Huaphan Province Change their Life with Coffee Plantation

Vanmai Coffee Cooperative is a community of families in Huaphan Province in northern Laos, growing coffee to leave behind a troublesome past. Vanmai means...

Australia, Germany, Switzerland to Fund Improvement of Mekong River Basin’s Overall State

Australia, Germany, and Switzerland today committed nearly USD13 million in funding to the Mekong River Commission (MRC) to assist Cambodia, Lao PDR, Thailand, and...