Economy

Laos Orders Local Trade Offices to Stop Restricting Business Competition

The Ministry of Industry and Commerce has ordered trade offices nationwide to stop imposing measures that restrict business competition or obstruct the movement of goods. Issued on 28 October, the order took effect immediately and applies to industry and commerce departments in Vientiane Capital and all provinces, as well as...

Laos Inflation Eases to 7.7 Percent as Electricity Costs Remain High

Laos’ inflation edged down to 7.7 percent in October from 7.8 percent in September,...

Laos Links South Korea Work Visas to Overstay Rates as Program Expands

Laos will suspend access to South Korea’s seasonal work program for 3 years if...

Laos Bans Money Bouquets, Crafts Made From Kip Banknotes

Laos has banned the production, sale, and advertising of crafts made from kip banknotes,...

Laos Targets Faster Border Checks in USD 5 Million Trade Project

Laos is preparing local businesses for higher costs when selling goods abroad, as the...

Chinese President’s Visit Bolsters Development Ties with Laos

With a visit from China's President Xi Jinping currently underway in Vientiane, the Minister of Energy and Mining, Mr Khammany Inthirath has spoken to...

Analysts Concerned with Laos’ Rising Debt

For the first time in twenty years, analysts have drawn their concerns back to potentially unsustainable debt that has been accruing in the region....

PM Meets with Relocated Families Due to Hydropower Plant

On Nov 5, Prime Minister Thongloun Sisoulith visited families affected by the Nam Ou 1 hydropower project in the settlement village Houaylo, Pak-ou district,...

Thai Firm to Run Bokeo Mekong River Port

In an effort to manage regional traffic the upcoming year, Laos has put forth a plan to launch a new port checkpoint located in...

Foxpress Service Delivers 2017 Road Tax Stickers to Your Door

Thanks to a local delivery company named Foxpress, obtaining 2017’s road tax stickers has just gotten easier. For a small fee of only 15,000...

NA Addresses Rising Jail Population

The National Assembly has raised concerns about the rising number of arrests and inmates in Lao jails, with many of them being young citizens. ...