Economy

Laos Collects USD 12 Million in Digital Taxes From Global Tech Companies

Laos has collected approximately USD 12 million in digital taxes from global technology companies since introducing its digital tax system in late 2024, according to Deputy Prime Minister and Minister of Finance Santiphab Phomvihane. The tax applies to foreign digital service providers without a physical presence in Laos, including Microsoft,...

Laos Agricultural, Forestry Exports Top USD 1 Billion in First Half of 2026

Laos earned more than USD 1 billion from agriculture and forestry exports in the...

Champasak Signs Deal for New 5-MW Solar Power Project

Authorities in Champasak signed a concession agreement on 3 July with a private company...

Myanmar’s Leader Wraps First ASEAN Visit in Laos, Signs Mekong Dam Study

Myanmar's recently elected President, Min Aung Hlaing, who seized power in the 2021 military...

Vietnam, Philippines Reach Upper-Middle-Income Status as Laos Eyes 2035 Target

Vietnam and the Philippines have been reclassified as upper-middle-income economies by the World Bank,...

Lao Railways Launches First Cross-Border Freight Service Using Its Own Rolling Stock

On 2 December, Lao National Railways introduced a new freight operation linking Thanaleng Station in Vientiane with Nong Khai Station, Thailand, across the Mekong. The...

Laos, Thailand Prepare for Launch of 5th Friendship Bridge in Late December

Laos and Thailand are gearing up for the official launch of the 5th Thai–Lao Friendship Bridge on 25 December, marking a new milestone in...

Laos, Cambodia Boost Energy Cooperation in High-Level Talks

Laos and Cambodia have agreed to deepen their energy partnership.  From 26 to 28 November, Cambodian Deputy Prime Minister and Foreign Minister Prak Sokhonn led...

i-Clean Recliners, Sofas Debut in Vientiane

La-Z-Boy, the renowned US furniture brand, has launched its latest innovation in Vientiane: the i-Clean fabric recliners and sofas. Specifically designed for households with...

Lao Brewery Company and PR Partner Rantau+ Win Gold at Global Sustainability and Purpose Awards

On 21 November, Lao Brewery Company (LBC), part of the Carlsberg Group, and its long-term PR partner Rantau+ received Gold in the Best Technological...

Lao Migrant Workers Send Home USD 366 Million in First Half of 2025, Under 10 Percent Using Banks

Lao migrant workers sent home an estimated USD 366 million in the first six months of this year, according to new data from the...