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...

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...

Lao GDP Expected to Expand 7%, Lower Than Expected

The initial estimates made by Lao National Statistics Bureau suggest that gross domestic product (GDP) for the 2015-2016 fiscal year will reach 6.9-7 percent,...

Gov’t Report: Laos-China Railway to Benefit Various Areas, Boost Investment

The Laos-China Railway Project is likely to bring such benefits to the Lao PDR as strong economic infrastructure, the achievement of cooperation and connectivity...

Vietnam Aims For Larger Slice of Lao Retail Market

Local companies have been swimming against the tide, trying to make headway into the lucrative Lao retail market, says the Hanoi Women Association of...

China’s Socialist Model Outperforms Capitalism

The top four fastest growing economies since the neoliberal "Washington Consensus" was put forward all follow, or are highly influenced by, China's development model....