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...

Fuel Prices Rise…Yet Again

The Ministry of Industry and Commerce has announced that fuel prices have increased across the country as of yesterday (December 15) in line with...

PM Thongloun Visits Huawei in Beijing, Discusses Partnership for ICT Development

VIENTIANE - The Prime Minister and the company’s representatives held in-depth discussions on how Huawei can expand its partnership with Laos in the Information...

Laos Utilises Cooperatives to Support Agricultural Growth

Laos need to create the national committee for development of cooperation aiming to support and helping the agriculture sector in its expansion efforts. For several...

Outstanding Projects Supported by ADB Receive Good Practise Awards

Five outstanding projects supported by the Asian Development Bank (ADB) have received Good Practice Awards for achieving successful development outcomes. The five outstanding projects include...

Laos Utilises Cooperatives and Confederations to Support Agricultural Growth

Lao researchers and academics are expected to benefit significantly from the Research 4 Life project, which aims to increase understanding among Lao researchers about...

Environmental and Social Monitoring Receives World Bank Support

The Ministry of Natural Resources and Environment and its development partners organised a review of the Second Lao Environment and Social Project in 2016...