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...

Laos To Export Electricity To Malaysia by September

Laos is to export electricity to Malaysia by September.  100 megawatts of electrical power will be sent to Malaysia by this September, according to...

IFC to Develop Credit System in Laos

The International Finance Corporation, the financial arm of the World Bank Group, is in talks with the Bank of the Lao PDR (BOL) to...

Attapeu International Airport Shuts Down

After flights between Vientiane-Attapeu ceased since October 2016, the Attapeu airport has been temporarily shut down. Passenger numbers were continually low, and flights were infrequent,...

LAOS: Electricity Facts

Certain members of the foreign media have hailed Laos as the "battery of Southeast Asia," with one of the nation's economic development strategies centered on...

Regional Transport Infrastructure Remains Challenged

Despite limited funding, Laos has been doing its best to develop and improve most of the regional transport infrastructure that passes through the country. This...

Army Stationed to Remove UXO for Laos-China Railway

Soldiers from the Lao People's Army have been deployed to clear unexploded ordnance (UXO) along the route earmarked for the Laos-China railway so that...