AGP Executive Report
Last update: 8 hours agoFuel & Transport Costs: Laos revised nationwide retail fuel prices from June 25—diesel fell to 24,560 kip/litre while regular petrol rose to 30,690 kip/litre, a move aimed at easing pressure on transport and logistics operators. Power & Regional Grid Trade: LTMS-PIP Phase 2 (Lao PDR–Thailand–Malaysia–Singapore) reported 30.6 GWh supplied and RM23.06 million revenue as of April 2026, with the project operating at full 200 MW capacity. Sustainable Agriculture Dealmaking: Korea–Laos cooperation got a boost at the 2nd K-GREEN AGRO PARTNERING Forum in Vientiane, with business matching generating 51+ consultations and follow-up discussions worth about USD 14 million. MSME Digital Push: Laos launched a “Digital in Motion” initiative to help MSMEs adopt digital tools, targeting competitiveness as MSMEs make up 99.8% of enterprises. Climate-Smart Rice: Laos is studying Alternate Wetting and Drying rice farming for carbon credits to cut methane, lower costs, and create new farmer income. Cross-Border Agri Exports: Cambodia’s new transit route to China via Laos (opened June 22) is set to cut shipment time to about one week for bananas, mangoes, rice, longan, cassava starch and durians. Local Economic Snapshot: Vientiane Province reported 3.4% GDP growth in the first half of 2026, led by services and steady agriculture output, plus 1.9 million tourism arrivals. Security & Resource Enforcement: Savannakhet intensified crackdowns on illegal gold mining and logging, detaining 21 suspects and seizing vehicles and equipment.
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