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...

Toyota and Daehan Dominate Laos Auto Market

Laos Auto Market in first half of 2016 hit record sales and production. The market is dominated by Toyota and Daehan while the most of...

Lao Small Businesspeople Invest In Foreign Countries

While still small in number, the number of Lao businesses investing in other countries of Asean is increasing. Meanwhile, many more businesses from Asean nations...

Vietnam Considers Buying Electricity From Laos to Ease Reliance On China

Vietnam may import electricity from Laos to minimize the risks from relying on Chinese imports and to offset supply shortages caused by cutting off...

Fisherman Struggling with Seasonal Lower Prices

Lao fishermen, fish farmers and market traders are battling lower fish prices this rainy season as overall market supply has increased.Reservoir fishermen at the...

Government Enforcing Revenue Collection Measures

The Ministry of Finance is committed to carrying out stronger measures to increase revenue collection for the rest of the fiscal year to offset...

Lao Legal Market: A Gentle Awakening

Lao People’s Democratic Republic remains one of the most underdeveloped countries in Southeast Asia. But according to the Asian Development Bank (ADB), the Lao...