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,...

Officials say Visit Laos-China Year 2019 Likely to Happen

With Visit Laos Year 2018 officially launched, talks of possibly introducing a Visit Laos-China Year 2019 have arose. A minister has confirmed that Lao officials have...

City 2 Launches Public Transportation Trial Run

The Vientiane State Bus Enterprise (VSBE) will be initiating a trial run of their bus line running between Lao-ITECC and Talat Sao this week....

Chinese President’s Visit Bolsters Development Ties with Laos

With a visit from China's President Xi Jinping currently underway in Vientiane, the Minister of Energy and Mining, Mr Khammany Inthirath has spoken to...

Analysts Concerned with Laos’ Rising Debt

For the first time in twenty years, analysts have drawn their concerns back to potentially unsustainable debt that has been accruing in the region....

PM Meets with Relocated Families Due to Hydropower Plant

On Nov 5, Prime Minister Thongloun Sisoulith visited families affected by the Nam Ou 1 hydropower project in the settlement village Houaylo, Pak-ou district,...

Thai Firm to Run Bokeo Mekong River Port

In an effort to manage regional traffic the upcoming year, Laos has put forth a plan to launch a new port checkpoint located in...