Category Archives: Economy


Laos Hopes to Export Electricity to Singapore by 2020

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Laos expects it will be able to export electricity to Singapore by 2020 as its officials are speeding up talks with the countries involved.

Project Enhances Beef Production in Laos


Target villages in the main beef producing provinces of Xieng Khuang, Luang Prabang, Xayaboury and Savannakhet have received benefits from the ‘Development of a biosecure market-driven beef production system and enhancing transboundary livestock disease risk management projects’.

Boost Economic Development, PM Urges Authorities in Phongsaly

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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 projects in the province.

Ministry Reduces Fuel Prices

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Petrol stations across the country lowered the retail prices of petrol and diesel yesterday after the Ministry of Industry and Commerce issued an announcement on fuel price reduction last Friday (August 12).…

Economist: Kip Strong, Not Overvalued


Even though the Lao kip is strong the currency is not overvalued, according to a leading local economist.…

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 identifying key policy measures to address them.…

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 to a recent drop in price.…

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 of mutually beneficial economic engagement between India and the ASEAN region.…