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...

Illegal Dumping Poses Challenge for Waste Management Authorities

Illegal dumping and waste burning present a challenge to municipal solid waste management in Vientiane Capital, according to authorities. Household waste management in the nation's...

National Assembly to Address GDP Target Amid Economic Downturn

The Government is set to review the gross domestic product (GDP) growth target and present the revision to the upcoming session of the National...

Xieng Khouang Airport Handed Over to Lao Air Force

Administration and operations of Xieng Khouang Airport have been officially handed over to the Lao People's Liberation Army Air Force. An agreement of transfer was...

Electricite du Laos to Provide Discounts for Covid-19 Period

Electricity rates have sparked debate once again, with a new adjustment to be made for use between 151 - 461 kilowatt-hours (kWh) per month...

Government Appoints New EDL Director

A new director has been appointed to head Électricité du Laos, the state enterprise that owns and operates electricity transmission and distribution in Laos. A...

PM Asks Ministry of Energy and Mines to Clarify Electricity Tariffs

Lao Prime Minister Thongloun Sisoulith has asked the Ministry of Energy and Mines to clarify the pricing structure for electricity tariffs amid widespread public...