Economy

Laos Collects USD 12 Million in Digital Taxes From Global Tech Companies

Laos has collected approximately USD 12 million in digital taxes from global technology companies since introducing its digital tax system in late 2024, according to Deputy Prime Minister and Minister of Finance Santiphab Phomvihane. The tax applies to foreign digital service providers without a physical presence in Laos, including Microsoft,...

Laos Agricultural, Forestry Exports Top USD 1 Billion in First Half of 2026

Laos earned more than USD 1 billion from agriculture and forestry exports in the...

Champasak Signs Deal for New 5-MW Solar Power Project

Authorities in Champasak signed a concession agreement on 3 July with a private company...

Myanmar’s Leader Wraps First ASEAN Visit in Laos, Signs Mekong Dam Study

Myanmar's recently elected President, Min Aung Hlaing, who seized power in the 2021 military...

Vietnam, Philippines Reach Upper-Middle-Income Status as Laos Eyes 2035 Target

Vietnam and the Philippines have been reclassified as upper-middle-income economies by the World Bank,...

Laos Launches Inspection on Car Dealers to Curb Illegal Imports

The Lao government has instructed dealers who import and sell vehicles to present their documents no later than November 29, in a move to...

Laos to Regulate Imports to Promote Domestic Production

Laos plans to regulate imports of consumer goods, in a move to promote domestic production while curbing rising exchange rates. Lao products are struggling to...

H5N6 Avian Flu Detected in Oudomxay Province, Laos

The Oudomxay Department of Agriculture and Forestry has issued a notice stating that authorities have detected the H5N6 avian flu virus in ducks sold...

Laos Releases Stockpiled Rice to Stabilize Market Price

The Lao government has decided to release stockpiled rice to stabilize the market price amid a shortage of rice supply due to the impact...

Paksan Customs Fails to Meet Revenue Target in First 8 Months

Paksan International Customs in Bolikhamxay Province has failed to meet its revenue target between January and August amid a drop in the volume of...

Cambodia to Purchase 2,400MW Energy from Laos by 2027

Cambodia has agreed to purchase 2,400MW of electricity from Laos by 2027, in a move to meet growing energy demand in the country. Cambodia will...