Economy

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, leaving Laos, Cambodia, Myanmar, and Timor-Leste as the only ASEAN members still in the lower-middle-income category. The annual income classifications, released on 1 July, place seven of ASEAN's 11 members in the upper-middle-income bracket or higher....

Former EDL Executives, Senior Officials Get Life in Landmark Laos Corruption Cases

On 1 July, the Vientiane Capital People’s Court announced verdicts in four major corruption...

Vientiane Completes New 9.3-Kilometer Mekong Embankment

On 1 July, Vientiane officially opened a new 9.3-kilometer stretch of Mekong riverfront featuring...

China-Laos Low-Carbon Project Expected to Cut Emissions by More Than 1,200 Tons Annually

The Vientiane-Saysettha Low-Carbon Demonstration Zone is expected to reduce carbon emissions by more than...

Lao President’s Book Donated to 22 Lao Schools Across Vientiane

More than 22 schools across Vientiane Capital received copies of President Thongloun Sisoulith’s memoir...

Laos Releases Dengue-Blocking Mosquitoes in Savannakhet

On 9 June, Savannakhet Province launched its first bacteria-enhanced mosquito release program, becoming the latest province to join Laos' expanding effort to curb dengue...

At Least 19 Dead After 7.8-Magnitude Earthquake Strikes Southern Philippines

A powerful 7.8-magnitude earthquake struck off the coast of Mindanao in the southern Philippines on Monday, 8 June, killing at least 19 people. The quake...

Laos Orders Hydropower Plants to Boost Dam Safety Ahead of Rainy Season

The Ministry of Industry and Commerce (MOIC) has ordered all hydropower projects nationwide to strengthen dam safety measures and emergency preparedness plans ahead of...

Several Areas in Vientiane to Face Power Outages from 5 to 9 June

Electricité du Laos (EDL) announced that several areas in Vientiane are set to face power outages lasting several hours during daytime from 5 to...

Laos, China Set Four Strategies to Hit USD 20 Billion Trade Target by 2030

Laos and China have agreed on four strategic pillars to boost bilateral trade and investment, with projections suggesting the figure could reach up to...

Laos, Thailand Sign New Cross-Border Fuel Supply Deal

Laos has secured a formal petroleum supply agreement with Thailand’s state-backed PTT Group, reinforcing fuel security amid uncertainty in regional energy markets. The Lao State...