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...

Vientiane Expressway Route Reviewed

Much has been speculated on the six-lane, 14 km Vientiane expressway that will run from Lao-ITECC in Xaysettha district to Dongmakhai village in Xaythany...

Laos Going Green, Aims to Plant 20 Million Saplings

In a commendable effort to restore 70 percent of forest coverage by 2020, the Ministry of Agriculture and Forestry aims to farm over 20,000...

Officials Follow Through; 15 Concessions Revoked

After failing to achieve their end of the agreement, fifteen mining operations have had their concessions rescinded by the government due to unsuccessfully demonstrating...

Laos and IRRI Maintains Partnership in Food Security

The International Rice Research Institute (IRRI) and the Lao government have reinforced their three decade long partnership in research by expanding the institute’s role...

Dongdok Campus Market Engulfed in Flames

On Saturday morning at approximately 3:30am, the Dongdok campus market at the National University of Laos (NUOL) was engulfed in flames. According to initial reports...

PM to Slash Civil Servant Stipends, Shifts Focus to Rural Volunteers

Prime Minister Thongloun Sisoulith has stated that ‘benefits’ should no longer be given to those working in public administration, but insists that such support go...