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...

Govt Talks Tough in a Bid to Save Money

Limiting expenses on overseas travel, entertaining foreign guests, and civil servant numbers will be among government measures to save state resources and relieve financial...

Banks in Laos See Asset Growth Value

The value of assets in the banking sector in Laos could possibly still continue to grow this year, as foreign banks move to open...

Lao Enterprises Seek Greater Access to Chinese Market

Lao associations of furniture, rice mill and coffee have shared experiences on promoting exports of Lao commodities to China, Lao state-run news agency KPL...

Official: Vietnam to Continue Import of Electricity From China and Laos

Vietnam will continue to import 2 percent of its electricity demand from China and Laos in the coming years, according to an official of...

Growth Prospects Buoyant for Laos Up to 2018

  VIENTIANE -- Laos' economic growth is to remain robust through 2016 up to 2018, the World Bank has said. Economic growth in Laos is projected...

Lao Mills Need to Improve Rice Quality For Exports to China

VIENTIANE -- Lao officials said the country's mills need to improve rice quality as to meet the needs for exports to China, Lao daily...