The Lao government has announced plans to raise the value-added tax (VAT) rate from 7% to 10% as part of efforts to increase budget revenue and support...
Tag - LaosEconomy
The Lao government has approved a new regulation set to slash the registration time for new businesses from 10 to 3 days. Approved by the Minister of Industry...
Lao Telecom has officially unveiled Laos’s first-ever 5G high-speed internet service. 5G offers up to 20 Gbps peak data rates and over 100 Mbps average...
Laos continues faces surging inflation, a scarcity of labor, and an expanding trade deficit. In response, the nation has initiated the Visit Lao Year 2024...
81% of the 5th Lao-Thai Friendship Bridge Project has already been completed, including 69% of the bridge and 93% of related facilities. The bridge should be...
The year-on-year inflation in Laos soared to 41.3% in February, up from 40.3% in January, according to the latest report from the Lao Statistics Bureau. The 23...
Inflation in Laos skyrocketed to 39.27% in December. This is the highest of the year and up from November’s 38.46%, according to the Lao Statistics...
