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...

ASEAN-UK Creative Economy Program Launched to Boost Regional Ties

The United Kingdom’s Mission to ASEAN and the British Council have officially launched the ASEAN-UK Advancing Creative Economy (ACE) program, an initiative aimed at...

Laos Reports Progress in Poverty Reduction Efforts

Recent data from the Ministry of Agriculture and Forestry highlights significant strides in poverty alleviation across Laos, although challenges remain as the country aims...

Vientiane Province’s Checkpoint Upgraded to International Status

The Ban Vang Local Checkpoint has been officially upgraded to an international border checkpoint, connecting Laos's Vientiane Province to Thailand's Loei Province. This development...

Capital Links Forum Highlights Opportunities, Barriers to Investment in Laos

On 11 October, Laos hosted the "Capital Links Forum" at the Souphattra Hotel in Vientiane, bringing together financial institutions, investors, policymakers, and fintech innovators....

Global Leaders Join ASEAN Summit in Vientiane to Address Regional, International Challenges

The official ceremony for the 44th and 45th ASEAN Summits and related meetings took place on 9 October in Vientiane. President Thongloun Sisoulith and...

ASEAN-China Summit: Laos Leads Dialogue on Cooperation Amid South China Sea Tensions

On 10 October, Prime Minister Sonexay Siphandone of Laos chaired the 27th ASEAN-China Summit in Vientiane, bringing together ASEAN leaders and Chinese officials. Ahead of...