Economy

Laos, China Launch Digital Payment Link For Cross-Border Transactions

Laos and China have launched a new digital payment link that allows Chinese visitors to pay Lao businesses using China’s digital yuan, without needing to exchange cash into Lao kip. The system connects China’s digital yuan, known as e-CNY, with Laos’ domestic QR payment network. A Chinese visitor can now...

Bolikhamxay 100 MW Solar Project Moves Ahead as Laos Expands Solar Power

A 100-megawatt (MW) solar project in Bolikhamxay is moving ahead, with developers meeting local...

Laos, Thailand Move Forward With Plans for New Friendship Bridge Linking Vientiane, Loei

Laos and Thailand are studying a possible new Friendship Bridge linking Vientiane Province with...

African Swine Fever Spreads Across Laos, Leaves Thousands of Pigs Dead or Culled

African swine fever has spread across Laos, with 11,369 pigs dead or culled since...

Attapeu Dam Collapse Survivors Set to Receive Final Compensation After Eight Years

Eight years after the Xe-Pian Xe-Namnoy hydropower dam in Attapeu collapsed, killing dozens and...

Govt to Get Tougher on Regulation of Investment Projects

The Ministry of Planning and Investment has issued an instruction that will more closely regulate government-funded investment projects from the start of work until...

WB Helps Laos to Upgrade Rural Roads

The World Bank's Board of Executive Directors is providing US$25 million credit for Laos to strengthen its road maintenance systems and improve road connectivity...

Construction of Petroleum Refinery to Resume This Month

A petroleum refinery project located in the energy and chemical precinct of Saysettha Development Zone, Vientiane is expected to resume this month after construction...

Fuel Prices Rise…Yet Again

The Ministry of Industry and Commerce has announced that fuel prices have increased across the country as of yesterday (December 15) in line with...

PM Thongloun Visits Huawei in Beijing, Discusses Partnership for ICT Development

VIENTIANE - The Prime Minister and the company’s representatives held in-depth discussions on how Huawei can expand its partnership with Laos in the Information...

Laos Utilises Cooperatives to Support Agricultural Growth

Laos need to create the national committee for development of cooperation aiming to support and helping the agriculture sector in its expansion efforts. For several...