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...

Boost Economic Development, PM Urges Authorities in Phongsaly

Prime Minister Thongloun Sisoulith has urged leading authorities in Phongsaly to pay attention to socio-economic development strategies in enhancing people’s livelihoods after visiting several...

Ministry Reduces Fuel Prices

Petrol stations across the country lowered the retail prices of petrol and diesel yesterday after the Ministry of Industry and Commerce issued an announcement...

Economist: Kip Strong, Not Overvalued

Even though the Lao kip is strong the currency is not overvalued, according to a leading local economist. Senior Economist of the National Economic Research...

New Study: Laos At Development Crossroads

A new study by the Economic Research Institute for Asean and East Asia has highlighted 2 serious challenges for the nation's industrial development while...

Xekong Coffee Growers Exasperated By Price Drop

Agricultural officials have soothed coffee growers enough in the southern province of Xekong before they began pulling their crops in favour of others due...

ASEAN and Indian Businesses Seek Ways to Promote Trade & Investment

The ASEAN India Business Council (AIBC), representing the voice of industry in India and ASEAN, met in Vientiane last week to consolidate the process...