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...

Lao Government Plans Salary Hike, Sectoral Staffing Increase for 2024

During its monthly meeting on 24 October, the Lao government announced 2025 plans to raise civil servant salaries, expand staffing quotas across various sectors,...

Laos Expresses Interest in Joining BRICS at Recent Summit

At the recent BRICS summit held in Kazan, Russia, from 22 to 24 October Laos formally expressed its interest in joining the group of...

Lao Students Head to Japan for Sports, Sustainability Exchange

A delegation of nine Lao high school students and one supervisor are headed to Tokyo and Fukushima, Japan to participate in the ASEAN-Japan Sports...

Lao Durian Sector to Focus on Export Growth to China

On 24 October, government officials, agricultural experts, and representatives from the private sector gathered to discuss enhancing the Lao durian sector for export to...

Japan Supports School Improvements in Bokeo to Reduce Dropout Rates

The Government of Japan has awarded a grant of USD 107,000 to improve schools in Bokeo Province, Laos, with the goal of reducing student...

Vientiane Special Economic Zones Attract Over USD 622 Million in Investment in First Nine Months of 2024

During the first nine months of 2024, Vientiane’s five special economic zones (SEZs) attracted investments from 39 new domestic and foreign companies, totaling USD...