Economy

Laos Collects USD 12 Million in Digital Taxes From Global Tech Companies

Laos has collected approximately USD 12 million in digital taxes from global technology companies since introducing its digital tax system in late 2024, according to Deputy Prime Minister and Minister of Finance Santiphab Phomvihane. The tax applies to foreign digital service providers without a physical presence in Laos, including Microsoft,...

Laos Agricultural, Forestry Exports Top USD 1 Billion in First Half of 2026

Laos earned more than USD 1 billion from agriculture and forestry exports in the...

Champasak Signs Deal for New 5-MW Solar Power Project

Authorities in Champasak signed a concession agreement on 3 July with a private company...

Myanmar’s Leader Wraps First ASEAN Visit in Laos, Signs Mekong Dam Study

Myanmar's recently elected President, Min Aung Hlaing, who seized power in the 2021 military...

Vietnam, Philippines Reach Upper-Middle-Income Status as Laos Eyes 2035 Target

Vietnam and the Philippines have been reclassified as upper-middle-income economies by the World Bank,...

Laos Launches National Heart Care Program to Strengthen Pediatric Health Services

Laos has introduced a nationwide program aimed at improving the detection and treatment of congenital heart disease among children, marking one of the country’s...

Laos Sets Timeline for LDC Graduation, Begins Work on Readiness Assessment

Laos is moving ahead with preparations for its expected graduation from Least Developed Country status, with authorities targeting a transition period spanning 2026 to...

Laos–Vietnam Railway Construction to Begin in 2026, Operations Targeted for 2030

Construction of the first railway linking Laos and Vietnam is scheduled to begin in 2026, with the line expected to become operational by 2030,...

Laos to Establish Ore Inspection Offices to Boost State Revenue

The Lao government has signed an agreement to establish ore inspection offices at seven key border checkpoints, aiming to strengthen quality control of mineral...

Japan Backs Southern Laos Hospital Upgrades as Public Voices Mixed Reactions

Japan has funded JPY 2,865 million (approximately USD 18 million) to support the improvement of referral hospitals in southern Laos including Champasak, Salavan, Sekong,...

Laos-China Railway Marks Fourth Anniversary with Record Growth

The Laos-China Railway (LCR) marked four years of operation on 3 December, highlighting its transformative role in turning Laos from a “landlocked” nation into...