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...

Many Lao Workers Returning from Thailand Prefer to Stay in Laos

A new report by the International Organization for Migration says that over 200,000 Lao migrant workers have returned from Thailand since the Covid-19 pandemic...

Vientiane’s Tanmixay to Sikeuth Road 97 percent Complete

The road construction project connecting Tanmixay Village with Sikeuth Village in Vientiane Capital is now 97 percent complete. The road surface has now been...

Vientiane Street Lighting Upgrade 40 Percent Complete

New street lighting has been installed along seven major roads in Vientiane Capital, with the project now 40 percent complete. The new streetlights along main...

Authorities: No Need to Panic About African Swine Fever

An outbreak of African Swine Fever has swept through seven provinces in northern Laos, while authorities have urged the public not to panic. According to...

New Railway Proposed for Southern Laos

A Thai company has signed a Memorandum of Understanding with the government of Laos for a feasibility study on a new railway line in...

New SEZ Project in Vang Vieng Completes Feasibility Study

A new Special Economic Zone project in Vang Vieng has reported progress in its feasibility study and socio-economic impact studies. The project, which will cover...