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...

New Concrete Road Open For Use In Don Khong

A new concrete road around the popular tourist island of Don Khong has been completed and is ready for use. According to a report by...

Three Large Bombs Found and Destroyed in Khammouane

This week, MAG’s unexploded ordnance (UXO) clearance team found and safely destroyed three large air-dropped bombs in Boualapha and Gnommalath districts, Khammouane province. The first...

Laos to Register Taxpayer Identity Numbers for Individuals

Authorities have announced that Lao citizens and foreigners with income in Laos must register for a taxpayer identification number. According to a notice issued by...

Traffic Lights in Vientiane Capital Undergo Repairs

A number of sets of traffic lights in Vientiane Capital have been successfully repaired and upgraded, according to the Vientiane City Office for Management...

Vientiane Capital to Establish New District

A new district is to be established in Vientiane Capital, set to become its tenth district. Authorities in Vientiane Capital have taken steps to establish...

Laos to Build Two Coal-Fired Plants in Xekong Province

Laos is to construct two new coal-fired power plants in southern Laos with the aim of selling more electricity to Cambodia. Vientiane Times reports that...