Economy

African Swine Fever Disrupts Pork Supplies, Beef Prices Rise in Vientiane

The pork shortage is putting pressure on Vientiane’s meat markets as African swine fever (ASF) spreads across Laos and authorities restrict the movement of pigs and pork. State media have confirmed outbreaks in two districts and three villages in Vientiane Capital, including Sangthong district, where 115 pigs died across two...

Corruption Crackdown in Laos’s Attapeu Province Uncovers Millions in Financial Irregularities

Attapeu authorities have detailed five years of corruption investigations and financial irregularities, including a...

Lao Migrant Workers Send Home USD 500 Million in First Seven Months of 2026

Lao migrant workers sent an estimated USD 500.7 million back to Laos during the...

Vietnam Emerges as Laos’ Second-Largest Foreign Investor with USD 8 Billion in Projects

Vietnam has become Laos's second-largest foreign investor, with more than 400 projects worth a...

Laos, China Launch Digital Payment Link For Cross-Border Transactions

Laos and China have launched a new digital payment link that allows Chinese visitors...

Laos Approves Cost-Cutting Road Policy to Boost Infrastructure

The National Assembly has approved a new policy aimed at promoting road construction and repair across the country, as proposed by the Minister of...

Laos Commits LAK 215 Billion to Strengthen Education and Keep Students in School

The Lao government has allocated over LAK 215 billion (approximately USD 9.97 million) to strengthen the country’s education sector, with a focus on increasing...

Oil surges, stocks fall on Middle East fears as Israel strikes Iran

AFP – Oil prices soared and stocks sank Friday after Israel launched "preemptive" strikes on Iran's nuclear and military sites and warned of more...

EssilorLuxottica Expands in Laos with New High-Capacity Lens Facility

EssilorLuxottica, a global leader in the design, production, and distribution of ophthalmic lenses, optical equipment, and eyewear, including both prescription and sunwear, has strengthened...

LOCA Launches Green Bond to Boost EV Use in Laos

LOCA, the Lao-grown ride-hailing and electric mobility startup, has announced the extension of its current fundraising round through the issuance of a USD 2.5...

Salavan Opens First Drug Rehabilitation Center to Combat Substance Abuse

Salavan Province inaugurated its first dedicated drug rehabilitation center on 10 June, marking a significant step in tackling substance abuse and supporting the recovery...