Economy

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 the nationwide overstay rate reaches 70 percent, under new rules introduced as the country expands overseas job opportunities. A provincial overstay rate above 20 percent will trigger a one-year suspension of visa issuance for Bolikhamxay Province,...

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...

More Lao Citizens Live Abroad as Foreign Population Nearly Doubles

The number of foreign nationals living in Laos has nearly doubled over the past...

Attapeu International Airport Shuts Down

After flights between Vientiane-Attapeu ceased since October 2016, the Attapeu airport has been temporarily shut down. Passenger numbers were continually low, and flights were infrequent,...

LAOS: Electricity Facts

Certain members of the foreign media have hailed Laos as the "battery of Southeast Asia," with one of the nation's economic development strategies centered on...

Regional Transport Infrastructure Remains Challenged

Despite limited funding, Laos has been doing its best to develop and improve most of the regional transport infrastructure that passes through the country. This...

Army Stationed to Remove UXO for Laos-China Railway

Soldiers from the Lao People's Army have been deployed to clear unexploded ordnance (UXO) along the route earmarked for the Laos-China railway so that...

Laos-Vietnam Oil Pipeline Project Expected to Go Ahead

The Laos-Vietnam oil pipeline project is an ambitious plan to import diesel and petrol fuels to Laos from Vietnam by way of a 306km...

Vientiane Capital Expects 11 Percent Economic Growth

Authorities of Vientiane Capital are hoping to see economic growth of 11 percent this year, with an expected GDP increase of 41.6 trillion kip. The...