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-Vietnam Oil Pipeline Project Expected to Go Ahead

The Laos-Vietnam oil pipeline project is an ambitious plan to import diesel and petrol fuels to Laos from Vietnam by way of a 306km...

Vientiane Capital Expects 11 Percent Economic Growth

Authorities of Vientiane Capital are hoping to see economic growth of 11 percent this year, with an expected GDP increase of 41.6 trillion kip. The...

Vegetable Prices Increased over New Year

Vegetable prices rose over the new year holiday period, while the market price of meat remained steady. Each new year, the prices of vegetables including...

New Mobile Banking App for Joint Development Bank

Joint Development Bank (JDB) has announced plans to offer a mobile banking app this year. The mobile banking app will provide customers with a...

No Stop To Rising Fuel Prices in Laos

The Ministry of Industry and Commerce has announced a fuel price increase across the country to match the rise in fuel prices on the...

SDGs’ Message Dispersed in Luang Prabang

About 500 officials, lecturers and students at Souphanouvong University in Luang Prabang province gained insight about the implementation of the nation's Sustainable Development Goals...