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...

Malaysia Is Eighth Largest Foreign Investor in Laos

Malaysia has emerged as the eighth largest foreign investor in Laos with investments of RM 2.3 billion from 2000 to 2015. Malaysian Ambassador to Laos,...

PM Thongloun: ASEAN to Become World’s No. 4 Economy by 2030

VIENTIANE -- A new economic order will emerge by 2030, with Southeast Asia taking on a central role, Laotian Prime Minister Thongloun Sisoulith told...

Railways May Build the New ASEAN Community

BANGKOK - The leaders of the Association of Southeast Asian Nations (ASEAN) will gather in the Laotian capital Vientiane from September 6-8 for their first...

As Budget Drops, MRC Prepares for New Laos Dam

The Mekong River Commission (MRC) is still reeling from the blowback over its handling of the consultation process around the Don Sahong and Xayaburi...

Recharging Asia’s Battery: What Obama Should Do in Laos

Next week, Barack Obama will be the first sitting U.S. president to visit Laos, a poor, landlocked country whose large-scale efforts to dam the...

Laotian Minister: Laos Full of Opportunities For Korean Investors

Laotian Planning and Investment Minister Souphanh Keomixay said Thursday, the Southeast Asian country seeks to strengthen economic ties with Korea through investments from private...