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...

Laos is World’s Greenest Country

Among Asian countries, Laos has the highest percentage of forest area at 92.1 percent of the total area of the country. On the other...

Korean Companies Eye Trade Expansion in Laos

One-on-one business consultations were held between company representatives from the Republic of Korea and Lao buyers in Vientiane yesterday as part of efforts to...

Thailand Encourages a Dangerous Addiction to Debt in Laos

Laos is back in the Thai baht debt markets again, with issuance from the Republic coming just two months after the country’s government-owned utility...

Laos Set to Launch Fifth Bond Issue in Neighbouring Thailand

The Lao People's Democratic Republic will launch an offering of baht-denominated bonds in the Thai market this week to raise up to 11 billion...

Growth of Geographical Indications in South East Asia

Geographical Indications (GIs) serve as powerful tools to protect local products from domestic as well as international competitors, by guaranteeing their quality and origin....

That Luang Marsh Developer to Build Theme Park

A Chinese developer plans to invest US$80 million to construct a water theme park next year at the That Luang Marsh Specific Economic Zone...