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...

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...