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,...

Chi Nai Mo Water Supply Plant to Receive Major Upgrade

On the 21st of February, a procurement agreement was signed for the US $92-million expansion of Chi Nai Mo Water Supply Plant in Vientiane Capital. The...

Laos is the Youngest Nation in Asia

As many parts of the world prepare to cope with large aging populations, sparsely populated Laos remains the youngest nation in Asia. According to a...

Tilleke & Gibbins Publishes 2018 Doing Business in Laos Guide

The Laos chapter of Global Guide 2018: Doing Business In..., a guide published by Practical Law in association with Lex Mundi, presents a comprehensive Q&A-style...

2018 Road Tax Now Due and Payable

The Ministry of Finance has called upon vehicle owners to make payment of the 2018 road tax, which is now due and payable. After multiple...

Sepon and Phu Bia Mines Set to Close Operations by 2020

Energy and Mines Minister Khammany Inthilath, in his address to the National Assembly, stated that since 1990, the Lao Government has had an open...

New Minimum Wage Set at 1,100,000 Kip Expected to be Announced On Labor Day

Within three months, the raising of the country's minimum wage to 1,100,000 kip per month is expected to materialize. The current wage has been...