Economy

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, but households continue to face higher electricity bills and other everyday expenses. Prices rose 0.9 percent during the month, while the consumer price index reached 279.5, up from 259.6 a year earlier. Inflation averaged 7.9 percent...

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...

Thailand’s AIS Plans USD 43.35 Million Investment in Lao Telecom

Thailand’s mobile operator AIS plans to invest USD 43.35 million in Lao Telecom, one...

Tunnel Boring for Laos-China Railway 68 Percent Completed

Development on the Laos-China railway has gained traction, with 51 of 75 tunnel entrances successfully bored. The railway is scheduled to be officially operational in...

Laos Urges Thailand to Extend Border Hours

In an attempt to maximize further opportunities for tourism in both countries, Laos has strategically requested Thailand for longer hours at border checkpoints. Lao tourism...

EDL, Billions of Kip in Debt

Electricite Du Laos (EDL) has caught the attention of the National Assembly due to the massive debt  it has acquired. During a recent National Assembly...

Laos Must Focus on Family Planning in Order to Prosper

In line with nationwide efforts to graduate Laos from Least Developed Country (LDC) status by 2020, Laos strategically held its First National Conference on...

Laos to Link to Vietnamese Oil Pipeline

A feasibility study has shown that a proposed oil pipeline designed to connect Hon La Harbor in Vietnam to Kammuan province in Laos, will...

National Assembly Seeks Price Stability

The price of merchandise in Laos, specifically food products, has been under tough scrutiny by the public for many years. Social media has given...