Naphao International Border Checkpoint in Khammouane Province collected more than LAK 669.5 billion (USD 29.6 million) in customs revenue in the first half of 2026, exceeding its full-year target as mining debt repayments and stronger trade activity boosted collections.
According to Naphao Customs Head Souphat Sousengtay, the checkpoint received a...
The World Bank has classified Laos as a lower-middle-income economy in its latest classification for the 2020 fiscal year.
The bank classifies the world’s economies...
American credit rating agency Moody’s has assigned a B3 rating with a positive outlook to the government of Laos, citing the country’s high economic...