by Teuvo Tuomi | Mar 4, 2025 | Business, Economy, Inflation, Laos, News
Laos’ inflation rate dropped slightly in February to 12.7%, down from 15.5% in January, according to data from the National Statistics Bureau. In February, healthcare and medicine costs decreased by 22.7% but remained among the highest categories. Food and...
by Teuvo Tuomi | Dec 15, 2024 | Digitalization, Laos, News, Tourism, Travel
The Lao government has started digitally collecting LAK 10,000 (USD 0.46) from domestic and international tourists at international border checkpoints. The checkpoints have been transitioning to electronic payments via the “Easy Pass” system. This shift aims to...
by Teuvo Tuomi | Nov 8, 2024 | Laos, China, News, Transportation, Travel
Over the first ten months of 2024, the Laos-China Railway transported 3 million passengers, a 44.4% increase in passenger volume, according to Laos-China Railway Co., Ltd. (LCR). This figure averages around 10,000 passengers daily, including 2.89 million domestic...
by Teuvo Tuomi | Nov 1, 2024 | Economy, Laos, News, Tourism, Travel
Vientiane Province in Laos is boosting tourism as a key economic driver, to attract over 1.3 million visitors by the end of 2025. Sisawat Sengphachan, Director General of the Department of Press, Culture, and Tourism of Vientiane, says that in the first nine months of...
by Teuvo Tuomi | Oct 28, 2024 | Business, Economy, Investment, Laos, News
During the first nine months of 2024, Vientiane’s five special economic zones (SEZs) attracted investments from 39 new domestic and foreign companies, totaling USD 622.59 million in capital investment and USD 224.51 million in registered capital. This exceeds the...
