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,...

Starting A New Business In Laos? Regulated Sector List Worth Perusing

Engaging on a new business venture is serious and potentially stressful business at the best of times, but a new list with information on regulated...

Cuba’s President Diaz-Canel Takes East Asia Solidarity Tour to Laos

Geographically distant but with a shared solidarity born of shared experiences of struggles for independence against colonial and imperial domination and sharing similar Marxist-Leninist institutions of...

PM Thongloun Pushes Laos-made at China International lmport Expo in Shanghai

Laos' Prime Minister Thongloun Sisoulith was in China's major economic city Shanghai pushing the Made-in-Laos message as the country's policymakers and entrepreneurs seek to leverage increased...

Beer Drinkers Post-Halloween Hangover Risk Reduced as Prices Rise in Laos

Beer drinkers beware this Halloween! Lao Brewery Company announced wholesale price increases to retailers of its flagship beverage Beerlao on Monday, October 29. Suppliers and retailers were notified of...

Inequality, Disasters Risks to Development as Progress Pushed in Laos: UNDP

Inequality, disaster risk key factors to overcome in Laos' aspiration to shed Least Developed Country status by the revised target of 2024, says UNDP. "Graduation...

Connectivity, People, Environment: PM Thongloun Joins Mekong-Japan Summit in Tokyo

Mekong-Japan cooperation, connectivity, people links and the environment are major themes as Lao Prime Minister Thongloun Sisoulith meets counterparts from neighbouring countries and Japan in...