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...

Vientiane Rezones Over 20 Villages into New District

Some 24 villages in Vientiane's Xaythany District are being rezoned under the administration of Vientiane Capital's newly created Danxangmixay District. According to a notice issued...

New Houaphan Airport 92% Complete

The construction project of the Nong Khang Airport in Houaphan Province is 92% complete but has suffered delays due to the Covid-19 pandemic. A meeting...

Mitsubishi to Invest in Wind Power Project in Laos

Japan’s Mitsubishi Corp is to invest in a 600 MW wind farm project in Laos that will export power to Vietnam. The company announced yesterday...

Luang Prabang Roads Expanded To Facilitate Traffic

Authorities have upgraded and expanded several major roads in central Luang Prabang City to facilitate traffic within the municipality. According to a report by KPL,...

Authorities Discuss Security of Laos-China Railway

Authorities have discussed the security preparedness of the Laos-China Railway construction project, which is scheduled to be complete by December this year. According to a...

Fifth Lao-Thai Friendship Bridge Four Percent Complete

The 5th Lao-Thai Friendship Bridge, which links Beung Kan Province in northeastern Thailand to Paksan, Bolikhamxay Province in Laos, is now four percent complete. According...