Economy

Global Financial Bodies Warns of Slower Growth, Higher Inflation for Laos in 2026

Laos' economy is expected to continue expanding this year, even as slower growth and inflation present challenges, according to a global financial institution. In its latest outlook released on 9 July, the Asian Development Bank (ADB) forecast that Laos’ economic growth will ease this year while inflation surges, driven largely...

Railway Expansion, Education Reform Among Key Issues at National Assembly

Expanding the railway to southern Laos, rolling out a new school system, reducing poverty,...

Laos Collects USD 12 Million in Digital Taxes From Global Tech Companies

Laos has collected approximately USD 12 million in digital taxes from global technology companies...

Laos Agricultural, Forestry Exports Top USD 1 Billion in First Half of 2026

Laos earned more than USD 1 billion from agriculture and forestry exports in the...

Champasak Signs Deal for New 5-MW Solar Power Project

Authorities in Champasak signed a concession agreement on 3 July with a private company...

Australia, Laos Work Together to Improve Education Sector in Savannakhet.

The Australian Embassy, in collaboration with the Ministry of Education and Sports of Laos, visited Savannakhet Province last week to monitor the progress of...

K-pop Star Hoshi Donates USD 70,000 to Upgrade Lao Orphanage School

Kwon Soon Young, known as Hoshi, a member of the popular K-pop group Seventeen has donated USD 70,000 to improve educational facilities at the...

Lao Government Sign USD 150 Million Agreement with Asian Development Bank for Four Projects

On 12 December, the Asian Development Bank (ADB) signed a loan and 16 agreements with the Lao government for a total of four projects,...

Laos, Korea Launch Water Management Project to Boost Agriculture

Laos and South Korea have launched a USD 5.6 million partnership to improve water management and agricultural practices in Laos, focusing on sustainability and...

Lao Government Introduces Digital Border Fees for Tourists

Starting 1 September, the Lao government began collecting a fee of LAK 10,000 (USD 0.46) from all domestic and international tourists, including group tours...

Chinese Firm to Invest USD 600 Million in Pomelo Production in Laos

A Chinese firm has announced plans to invest USD 600 million in pomelo cultivation and processing in Laos, aiming to strengthen agricultural exports and...