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...

Six Problems the Lao Government is Trying To Solve by August

The Lao government held its two-day monthly meeting in Vientiane Capital from July 23-24 to discuss resolutions to six major problems faced by the...

Laos to Tighten Regulations on Gas Stations

Laos will tighten regulations on the location of fuel depots and gas stations in residential areas to ensure the safety of residents. According to a...

Laos Sees Drop in Foreign Direct Investment Inflow

Foreign direct investment (FDI) inflow to Laos decreased in 2018 amid a drop in new investment from China, a recent report has shown. FDI inflow...

Road Accidents Continue to Plague Vientiane Capital

Road accidents continue to plague Vientiane Capital, with the latest figures for the year so far reaching a staggering 525 cases, according to a...

Laos Tackles Unemployment by Partnering with Top Jobs Site

The Lao government is to provide information on the job market through a new partnership with the country’s largest employment website operator, 108 Jobs,...

Laos Swine Flu Outbreak Sees Thailand, China Ban Pig Imports

China and Thailand have both ban pork and pig product imports from Laos following the country's first outbreak of African swine fever. The first cases...