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...

Vang Vieng Tourist Numbers Increases Amid Infrastructure Upgrade

As of October, Vang Vieng has welcomed over 900,000 tourists, exceeding its target of 800,000. This includes more than 400,000 foreign visitors, according to...

Food From Russia Feeds School Children in Flood-Impacted Areas

Russian Ambassador Vladimir Kalinin handed over 47 metric tons of cooking oil to the Ministry of Education and Sports at the United Nations World...

Laos, China Collaborate on Traditional Medicine, Cancer Treatment

Laos and China have deepened their cooperation in traditional medicine, focusing on medical plant cultivation, research, and innovative treatments to enhance healthcare services in...

Lao-Thai Railway Boosts Regional Connectivity, Economic Growth

By SOULIYASONE GNOTSYOUDOM, OULAYVANH SISOUNONTH Since the Lao-Thai railway’s launch on 20 July, regional connectivity and economic growth in Laos have significantly improved, particularly in...

September Trade Figures Show Drop in Exports, Imports for Laos, Excluding Electricity

In September, Laos recorded a total foreign trade valuation of USD 1,064 million, marking a 12 percent decline from August, according to the Lao...

Vang Vieng to Undergo Major Urban Renewal with ADB Grant

The Asian Development Bank (ADB) has provided USD 1.8 million to support an urban renewal project in Vang Vieng, aiming to transform the popular...