World Bank Lao PDR - Inflation in Laos is eroding living standards and reshaping the job market, according to the latest World Bank Household Monitoring Survey.
To cope with rising prices, more people are working, but with wages not keeping up with inflation, workers are turning to self-employment and migration...
Laos experienced four consecutive months of trade deficits from January to April this year. This situation has been exacerbated by rising inflation rates, leading...
Lao President Thongloun Sisoulith has invited Mongolian investors to explore business opportunities in Laos, particularly in agriculture and food processing during his two-day state...
Singapore, Cambodia, and Laos have formed a working group to push cross-border electricity trade, inching closer to the ASEAN Power Grid vision.
On 3 June,...
Laos is grappling with growing economic and societal challenges as the current minimum wage, deemed inadequate by both workers and business owners, exacerbates labor...