Economy

Laos Bans Money Bouquets, Crafts Made From Kip Banknotes

Laos has banned the production, sale, and advertising of crafts made from kip banknotes, including money bouquets and decorative money trees, under a new directive issued by the Ministry of Industry and Commerce on 22 October. The directive targets products made by folding, gluing, stapling, or otherwise incorporating banknotes into...

Laos Targets Faster Border Checks in USD 5 Million Trade Project

Laos is preparing local businesses for higher costs when selling goods abroad, as the...

Thailand’s AIS Plans USD 43.35 Million Investment in Lao Telecom

Thailand’s mobile operator AIS plans to invest USD 43.35 million in Lao Telecom, one...

More Lao Citizens Live Abroad as Foreign Population Nearly Doubles

The number of foreign nationals living in Laos has nearly doubled over the past...

Laos’ Population Growth Slows as Birth Rates Fall, 2025 Census Finds

Laos’ population is growing more slowly, with birth rates falling and the population getting...

National Revenue Shortfall Escalates Budgetary Tensions

Revenue collected over the past 10 months of the 2015-16 fiscal year has accomplished only 74.52 percent of the set annual plan approved by...

Flash Flooding in Luang Prabang Kills Woman, Damages Crops

Flash flooding in northern parts of the country including Luang Prabang province has taken one life, destroyed many hectares of rice and other crops...

Food Prices Stable in Vientiane

Prices of meat, fish and vegetables were found to be consistent and stable in local markets in Vientiane, Laophattana newspaper reported yesterday. The findings were...

Govt Cancels Toll Collection at Thangon Bridge

The government has stopped collecting the toll at Thangon Bridge over the Nam Ngum River in Xaythany district, Vientiane after the debt for its...

Indonesia Eyes Further Cooperation with Laos

Hydropower, tourism, potassium, and medical treatment are among the sectors Indonesia has its eye on for prospective cooperation with Laos, based on the Lao...

Thousands of Cubic Metres Veneer Legitimate for Export

More than 12,456 cubic metres of veneer exports have been permitted despite the government prohibiting the export of all types of unfinished wooden products. The...