Economy

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 communities on 18 September to discuss the planned plant. The project will cover 140.23 hectares in Nam Ngiep and Khuay Oudom villages in Paksan district. It will use 211,007 dual-glass monocrystalline solar panels and is expected...

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...

Lao, Chinese Energy Firms to Study Battery Storage System for Laos Power Grid

On 11 September, Électricité du Laos (EDL) and Chinese energy company Shenzhen Yichu Smart...

Central Bank Permits Importers to Borrow in Foreign Currency

The Bank of the Lao PDR has permitted commercial banks to release loans in foreign currency to importers, including those who currently have no...

China Funds Poverty Reduction in Laos

The Chinese government has agreed to provide grant funding of over 34 billion kip (over 33 million Yuan) to address poverty reduction in Laos,...

Luang Prabang Handicrafts Festival Attracts more Visitors

Luang Prabang Handicrafts Festival has attracted more than 3,000 local and foreign visitors since the event began on December 4. The weeklong festival is being...

Dry Season Rice Plan Under Consideration

The Ministry of Agriculture and Forestry is considering whether the figure for this year's dry season rice plan should be revised downwards or remain...

Laos-China Railway to Spur Border Zone Development

The Laos-China railway will provide significant momentum for the development of the Boten-Mohan border economic cooperation zone, experts have noted. The railroad, a key project...

Intercontinental Set for 2021 Laos Debut

Intercontinental Hotels Group (IHG) is set to open its first Intercontinental-brand property in Laos in 2021, as part of the new mixed-use World Trade...