Economy

EDL to Purchase Rooftop Solar Electricity from Households

Electricité du Laos (EDL), the state power utility, announced a new nationwide policy to purchase electricity generated from residential rooftop solar systems, as part of the country's push to expand renewable energy use. The notice, dated 27 April, applies to residential users across the country who install rooftop solar systems...

Laos Targets Nearly 10 Million Trees in Nationwide Reforestation Plan

Laos is stepping up nationwide reforestation efforts in 2026, with authorities across several provinces...

Vietnam Breaks Ground on Expressway to Connect Vientiane

On 18 May, Vietnam began the construction of a 60-kilometer Expressway section in Nghe...

Bank of Laos Maintains 7-Day Base Interest Rate at 8% Amid Rising Inflation

The Bank of Laos (BOL) confirmed it will maintain its 7-day base interest rate...

Laos Signs Concession for 80MW Xekaman 4 Hydropower Project to Export Power to Vietnam

Laos has formalized a build-operate-transfer (BOT) concession for the 80-megawatt Xekaman 4 Hydropower Project...

Project Enhances Beef Production in Laos

Target villages in the main beef producing provinces of Xieng Khuang, Luang Prabang, Xayaboury and Savannakhet have received benefits from the ‘Development of a...

Boost Economic Development, PM Urges Authorities in Phongsaly

Prime Minister Thongloun Sisoulith has urged leading authorities in Phongsaly to pay attention to socio-economic development strategies in enhancing people’s livelihoods after visiting several...

Ministry Reduces Fuel Prices

Petrol stations across the country lowered the retail prices of petrol and diesel yesterday after the Ministry of Industry and Commerce issued an announcement...

Economist: Kip Strong, Not Overvalued

Even though the Lao kip is strong the currency is not overvalued, according to a leading local economist. Senior Economist of the National Economic Research...

New Study: Laos At Development Crossroads

A new study by the Economic Research Institute for Asean and East Asia has highlighted 2 serious challenges for the nation's industrial development while...

Xekong Coffee Growers Exasperated By Price Drop

Agricultural officials have soothed coffee growers enough in the southern province of Xekong before they began pulling their crops in favour of others due...