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Inflation in Laos Drops to 12.7%

Inflation in Laos Drops to 12.7%

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...
Laos Introduces Digital Border Fees

Laos Introduces Digital Border Fees

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...
Laos-China Railway Passes 3 Million Passenger Mark in 2024

Laos-China Railway Passes 3 Million Passenger Mark in 2024

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...
Vientiane Expects 1.3 Million Visitors in 2025

Vientiane Expects 1.3 Million Visitors in 2025

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...
Vientiane’s Special Economic Zones Receive 622 Million USD in First Nine Months

Vientiane’s Special Economic Zones Receive 622 Million USD in First Nine Months

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...
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