Economy

Champasak Signs Deal for New 5-MW Solar Power Project

Authorities in Champasak signed a concession agreement on 3 July with a private company to develop a 5-megawatt (MW) solar power project in Pathoumphone district. The project forms part of Laos' efforts to expand renewable energy, improve electricity supply in rural areas, and strengthen the national power grid. Xaysomboun Chaloensub Road-Bridge...

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,...

Former EDL Executives, Senior Officials Get Life in Landmark Laos Corruption Cases

On 1 July, the Vientiane Capital People’s Court announced verdicts in four major corruption...

Vientiane Completes New 9.3-Kilometer Mekong Embankment

On 1 July, Vientiane officially opened a new 9.3-kilometer stretch of Mekong riverfront featuring...

PM to Slash Civil Servant Stipends, Shifts Focus to Rural Volunteers

Prime Minister Thongloun Sisoulith has stated that ‘benefits’ should no longer be given to those working in public administration, but insists that such support go...

Laos; a Key Part in the Grand Scheme of Things

The “One Belt, One Road” initiative is a crucial part of China’s development strategy to deepen economic cooperation with countries in Asia, Europe and...

Trillions of Kip Emerge From State Audit

Following an audit conducted by the State Audit Organization, an estimated 3.135 trillion kip (USD 384.776 million) has been uncovered as additional revenue, representing...

Authorities Warn Public of Organised Crime Involving ATM Fraud

Police officers are are in pursuit of two wanted criminals who are suspected to be using fake ATM cards to withdraw money from various...

Everything You Need to Know about the Laos-China Railway

The Laotian Times provides a concise, easy-to-read summary of the Laos-China Railway: Total length: 414.332 kilometers (over 62 percent consists of bridges and tunnels: 258.5 km...

Laos to Export More Rice to China: PM

China has agreed to purchase 20,000 metric tons of organic rice per year from Laos, according to a statement by Prime Minister Thongloun Sisoulith. Approximately...