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,...

National Assembly Calls for Action on Roads, Education, Agriculture

At the 10th Ordinary Session of the 9th National Assembly on 11 November, members proposed measures for the government to address key challenges highlighted...

Mineral Sector Surpasses Five-Year Goals as Government Strengthens Oversight

Laos’ mineral sector recorded production worth LAK 36,175 billion (approximately USD 1.67 billion) in the first 10 months of 2025, achieving 104 percent of...

Laos Cuts Public Debt to 88 Percent of GDP, Reports Budget Surplus

Laos has successfully reduced public debt from 112 percent of GDP in 2022 to about 88 percent in 2025, Prime Minister Sonexay Siphandone said...

New Partnership Strengthens River Data, Forecasting, Sustainable Development in Laos

MRC - The Mekong River Commission (MRC) and the Government of Australia have reinforced their long-standing partnership with additional support and new digital tools...

Over 2,500 Vientiane Students, Teachers to Support 12th National Games

The Vientiane Capital Department of Education and Sports announced that 2,583 teachers and students from eight schools across the city will take part in...

ASEAN SOAR Together Empowers MSMEs with Digital Boost at ABIS 2025

On 31 October, the ASEAN Foundation, in partnership with TikTok Shop and the ASEAN Business Advisory Council (ASEAN-BAC) Malaysia, showcased the success of the...