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...

Visit Laos Year 2018 Kicks off end of October

Coinciding with the That Luang Festival celebrations, government officials have planned several activities to promote the launch of  “Visit Laos Year 2018” on October...

Laos Prints Largest and Longest Sovereign Bond Issue

Laos has successfully completed its largest and lengthiest bond issue, with a 14 billion baht ($419 million) six-tranche offering in the Thai debt capital...

Tax Collectors to Audit 200 Businesses to Boost Revenue

In an attempt to collect additional taxes before the end of the year, the Deputy Minister of Finance has announced that finance authorities are...

Germany Grants 5.6 Million Euros to Pave Rural Lao Roads

A grant of EUR 5.6 million has been provided to Laos by the German government towards paving rural roads in Laos. During a meeting with...

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...