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...

Foreign Aid on the Decline

Prime Minister Thongloun Sisoulith has called for central and local departments to do more to pursue the development agenda and strive for greater self-reliance...

Pakxong to Become Champassak’s Second Largest Town

The district of Pakxong will be developed into the second largest urban centre in Champassak province after Pakxe, according to a provincial official. Champassak province...

Rise in Vehicle Numbers at Boten Border

The number of vehicles crossing the Boten international checkpoint between Laos and China in LuangNamtha province has been reported to have increased as of...

PM Urges Agriculture Officials to Realise Country’s Potential

Prime Minister Thongloun Sisoulith has called on the agriculture and forestry sector to act in the interests of the country by providing green and...

Fewer Businesses Opening in Laos

The number of entrepreneurs opening businesses in Laos declined by 13 percent over the past 10 months of this fiscal year compared to the...

Indochina Bank Sees Customer Increase

The number of VIP customers holding accounts at the Indochina Bank has seen a rapid increase this year. A bank executive revealed the figure...