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Wednesday, October 15, 2025
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Economy

Lao Authorities Confirm International Economic Growth Forecasts in Newly Released Outlook

Lao officials have formally confirmed earlier international projections for the country's economic performance, forecasting GDP growth of around 4.0 percent by year-end.  The figures, published in the third-quarter “Lao PDR Economic Outlook Report,” reflect estimates from the Laos Statistics Information System (LSIS) and broadly align with outlooks previously issued by...

Lao President Calls for New Generation of Lao Diplomats on 80th Diplomacy Day

Lao President Thongloun Sisoulith has called for the rise of a new generation of...

ADB Lowers Laos’ 2025 Growth Forecast to 3.7 Percent Amid Economic Challenges

The Asian Development Bank (ADB) has lowered Laos’ 2025 GDP growth forecast from 3.9...

Laos-China Railway Transported Over 15 Million Passengers Since Early 2025

The Laos-China Railway (LCR) transported 15.48 million passengers from January through 8 October this...

Young Barista Crowned at First International Coffee, Tea Day in Luang Prabang, to Compete in South Korea

From 3 to 5 October, Luang Prabang hosted the International Coffee and Tea Day...

Airport in Houaphanh Set for International Upgrade

Houaphanh province is set to upgrade Nong Khang airport to international status to boost tourism and economic development across the province, Governor Khampheng Saysompheng...

Government Targets Lower Inflation Rates in 2024

Despite the country's persistent efforts to curb inflation, Laos experienced an average inflation rate of 31.2 percent throughout 2023. But the central bank and...

Laos Advances Russian Language Education with Cultural Festival

A series of events unfolded in Vientiane Capital, Laos, as the Association of Teachers of Literature and Russian Language hosted "Russian Language in Asia"...

Laos Charts Course for Growth in 2024 with Tourism Focus, Infrastructure Overhaul Amidst Economic Challenges

As 2023 nears its conclusion, Laos continues to face economic challenges, including surging inflation, a scarcity of labor, and an expanding trade deficit. In...

Laos to Grow EV Market, Fueled by Renewable Energy Ambitions

The burgeoning popularity of electric vehicles (EVs) in Laos has marked significant growth in 2023, with a total of 4,631 EVs sold, comprising 2,592...

Lao Government Rejects Claims of Luang Prabang’s World Heritage Status Threat Amidst YouTube Controversy

In response to a video uploaded on a Thai YouTube channel, the Lao government has denied claims that Luang Prabang town is at risk...