Economy

Laos Inflation Edges Up in July, Electricity Prices Surge 91.5% Year-on-Year

Electricity prices jumped 91.5 percent in July compared to the same month last year, becoming one of the main factors behind a slight increase in Laos’ inflation rate, which rose to 7.6 percent from 7.4 percent in June. According to the latest figures from the Lao Statistics Bureau, the sharp...

Laos Eyes State Fuel Stations as Future EV Charging Hubs

Laos is exploring plans to turn state-owned fuel stations into electric vehicle (EV) fast-charging...

Online Sellers Face Renewed Enforcement of Business Registration Rules

Online sellers in Vientiane must register as businesses and obtain an e-commerce licence or...

Former MRC Chief Anoulak Kittikhoun Named First Lao Head of Mekong Institute

Former Mekong River Commission (MRC) Chief Executive Officer Anoulak Kittikhoun has been appointed Executive...

Laos Turns to Public-Private Partnership to Tighten Product Quality Controls

Laos has launched a new state-backed company to inspect and certify the quality of...

2017 Road Tax Now Available

The questions surrounding the delay in the 2017 road tax stickers have finally been clarified. Road users are now able to pay road tax...

France to Assist in Mekong Hydro Resource Coordination

In attempt to develop the energy sector and improve the management of water resources on the Mekong River, Laos and France have enhanced cooperation...

Laos to Ship 20,000 Tonnes of Organic Rice to China

Chinese premier Li Keqiang has approved an order for 20,000 tonnes of genuine organic rice to be delivered to China from Laos. During a meeting...

NRA Aims to Clear UXO From 50,000 Hectares

The National Regulatory Authority (NRA) for the UXO/Mine Action segment has set an objective to clear and eradicate unexploded ordnances on 53,737 hectares of...

BCEL One Offers Alternative Way to Pay for 2017 Road Tax

The uncertainty and miscommunication regarding payment of the 2017 road tax may be coming to an end as BCEL offers to accept road tax...

Audit Uncovers Over One Trillion kip of Unauthorized Spending

Over one trillion kip of unauthorized state spending has been uncovered due to a 2015-2016 state budget audit. Parliament has been notified by the state...