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,...

PM Thongloun Tells Vang Vieng to Clean Up

Prime Minister Thongloun Sisoulith and his retinue made a working visit to Vang Vieng last week to assess the district and offer advice on...

First Freight Train Service Launched from Laos

The first freight train service to and from Laos was launched yesterday, with a shipment of Beerlao crossing the Thai-Lao Friendship Bridge. Cargo from a...

Six Problems the Lao Government is Trying To Solve by August

The Lao government held its two-day monthly meeting in Vientiane Capital from July 23-24 to discuss resolutions to six major problems faced by the...

Laos to Tighten Regulations on Gas Stations

Laos will tighten regulations on the location of fuel depots and gas stations in residential areas to ensure the safety of residents. According to a...

Laos Sees Drop in Foreign Direct Investment Inflow

Foreign direct investment (FDI) inflow to Laos decreased in 2018 amid a drop in new investment from China, a recent report has shown. FDI inflow...

Road Accidents Continue to Plague Vientiane Capital

Road accidents continue to plague Vientiane Capital, with the latest figures for the year so far reaching a staggering 525 cases, according to a...