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...

PM Thongloun Pushes Laos-made at China International lmport Expo in Shanghai

Laos' Prime Minister Thongloun Sisoulith was in China's major economic city Shanghai pushing the Made-in-Laos message as the country's policymakers and entrepreneurs seek to leverage increased...

Beer Drinkers Post-Halloween Hangover Risk Reduced as Prices Rise in Laos

Beer drinkers beware this Halloween! Lao Brewery Company announced wholesale price increases to retailers of its flagship beverage Beerlao on Monday, October 29. Suppliers and retailers were notified of...

Inequality, Disasters Risks to Development as Progress Pushed in Laos: UNDP

Inequality, disaster risk key factors to overcome in Laos' aspiration to shed Least Developed Country status by the revised target of 2024, says UNDP. "Graduation...

Connectivity, People, Environment: PM Thongloun Joins Mekong-Japan Summit in Tokyo

Mekong-Japan cooperation, connectivity, people links and the environment are major themes as Lao Prime Minister Thongloun Sisoulith meets counterparts from neighbouring countries and Japan in...

Climate, Peace, Development Desires Aired as Laos Meets World at Annual UN Assembly

Between US President Donald J. Trump's signature America First rhetoric and self-appraisals generating "spontaneous murmurs" and the attendance of New Zealand's first baby and...

Laos’ economic growth rate revised to 6.6%, floods dampen prospects

Anyone who has been flicking on screens to news of floods in Laos, extreme weather-related disasters in the region and trade frictions beyond will...