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,...

Climate, Peace, Development Desires Aired as Laos Meets World at Annual UN Assembly

Between US President Donald J. Trump's signature America First rhetoric and self-appraisals generating "spontaneous murmurs" and the attendance of New Zealand's first baby and...

Laos’ economic growth rate revised to 6.6%, floods dampen prospects

Anyone who has been flicking on screens to news of floods in Laos, extreme weather-related disasters in the region and trade frictions beyond will...

Counting the Costs: Disaster Needs in Laos Accumulate as Gov, UN, EU, WB Calculate Impacts

The tragic loss of life and heavy impacts on livelihoods amid disaster triggered by pounding rains and rushing waters means there is no doubt...

Laos’ PM Thongloun Confirms Hydropower Policy at WEF on ASEAN

International experts continue investigative efforts alongside Lao regulators looking into the causes of the fatal Xe Pian Xe Nam Noy dam collapse in Attapeu...

South Koreans Latest To Get 30 days Visa-Free Travel in Laos

South Korean visitors, backpackers, business travellers, package tourists, honeymooners and independent adventurers alike can now stay in Laos for up to 30 days without a...

Bank of Laos Warns Public Against Use of Cryptocurrencies

The Bank of Laos (BOL) has issued a notice warning the public against the use of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, which are unregulated...