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,...

Mahosot to be Upgraded to International Standards

With expenses being backed by the Chinese government, the century-old Mahosot Hospital will be completely rebuilt starting the end of this year, with a...

New State Projects Under Scrutiny

Though the Minister of Planning and Investment, Dr Souphan Keomixay, has recently acknowledged that the demand for national development in the country is on...

Pakngum Bridge Construction Underway Due to 2015 Tragedy

More than forty percent of construction for the new bridge crossing the Nam Ngum River, that will connect Nabong village to Thakokhay village in...

Authorities Crack Down on Shady Petrol Operations

With many car owners using social media as a platform to vent their frustration about petrol stations defrauding customers in Vientiane, Savannakhet and Champassak...

US Grants over 3 Million USD to UXO Project

The US government has signed a Memorandum of Understanding (MoU) granting 24 billion kip (US$3,026,000) to Laos, in support of a rural development project...

Lao Statistics Aims for International Standards by 2020

On June 29th, a seminar on scientific statistics was held at the Center for International Cooperation and Training and under the theme, “enhancing production...