Economic policy and administration

Prime Minister Thongloun Sisoulith has told the National Assembly (NA) that his government will do more to improve the business environment after Laos’ global ease-of-doing-business ranking fell 13 places.More ...

The Lao government’s failure to strictly enforce foreign investment laws is allowing a growing number of Chinese entrepreneurs to dodge investment rules and avoid paying taxes while operating shops and restaurants in the Southeast Asian country, an official from the Ministry of Planning and Investment ...

(KPL) The government has expected that the growth in the agricultural, industry and service sectors will below set targets, according to Deputy Prime Minister and Minister of Finance Somdy Douangdy.The production in the agricultural and forestry sector is expected to be 2.5%, lower than the ...

Numerous hair salons operated or owned by foreign nationals in Vientiane have been ordered to shut down temporarily after authorities found them to be in breach of the related regulations.More ...

The World Bank has approved US$13 million to promote reforms to the business environment in Laos and to reduce the number of days needed to start a business.More ...

Prime Minister Thongloun Sisoulith has ordered ministers, the Vientiane mayor and provincial governors to implement eight measures to stimulate economic growth. The measures have been designed to boost socio-economic development over the rest of the year and in 2019, amid budgetary tension.More ...

The nation’s government cabinet has ordered ministries and sectors to take immediate action to efficiently implement measures it presented to the National Assembly (NA) earlier this month in order to stimulate the economy. According to eight core measures, the government will strive to continue ...

Economic growth in Laos has seen robust expansion compared to regional peers but the country is still at risk due to high public debt, with growth in the share of debt on less concessional terms, according to the latest edition of the World Bank’s Lao ...

The leaders of Ayeyawady, Chao Phraya, Mekong Economic Cooperation Strategy (ACMECS) member countries will meet at its 8th Summit in Bangkok, Thailand from June 15-16 to review the economic cooperation strategy. On the same occasion, the leaders will also meet at the 9th Cambodia, Laos, ...

The government has adopted measures to stimulate economic growth while also taking steps to curb inflation, which could cause hardship if it spirals higher.More ...