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...

Lao Freight Forwarders Suffering from Competition

Transport service providers and freight forwarders in Laos are suffering from increased competition with the number of companies operating in the sector having increased. Despite...

ADB to Provide More Support for Development in Laos

The Asian Development Bank (ADB) will provide US$32 million for the Climate-Friendly Agribusiness Value Chains Sector Project in Laos next year. This information was confirmed...

Economic Issues Top Cabinet, Provincial Governors Meeting Agenda

A meeting between the government cabinet, Vientiane Mayor and provincial governors kicked off yesterday in Vientiane to debate measures to realise the 2017 socio-economic...

Vientiane to Increase Water Charges by Four Percent

Vientiane Water Supply Enterprise (Nampapa Nakhon Luang) has announced it will increase water supply charges by four percent across all categories coming into effect...

UN Agencies Continue to Boost Development in Laos

All three respective United Nations agencies are starting their new cycle of five-year programming next year in an effort to boost the development of...

Construction Material Quality Control Centre Slated

Laos and China have agreed to cooperate in the construction sector, aiming to guarantee and improve of quality of construction materials in Laos. An agreement...