Economy

Laos Inflation Rises to 7.8 Percent in September as Education, Utility Costs Climb

Laos’ inflation rate rose to 7.8 percent in September, up from 7.7 percent in August, with education, utility, and some seasonal costs contributing to the increase, according to the Ministry of Finance. The latest increase came as the new school year began, with education costs rising 18.8 percent from a...

African Swine Fever Disrupts Pork Supplies, Beef Prices Rise in Vientiane

The pork shortage is putting pressure on Vientiane’s meat markets as African swine fever...

Corruption Crackdown in Laos’s Attapeu Province Uncovers Millions in Financial Irregularities

Attapeu authorities have detailed five years of corruption investigations and financial irregularities, including a...

Lao Migrant Workers Send Home USD 500 Million in First Seven Months of 2026

Lao migrant workers sent an estimated USD 500.7 million back to Laos during the...

Vietnam Emerges as Laos’ Second-Largest Foreign Investor with USD 8 Billion in Projects

Vietnam has become Laos's second-largest foreign investor, with more than 400 projects worth a...

Laos to Enhance Truck Weighing Stations to Prevent Road Damage

On 26 November, Ngampasong Muangmani, Minister of Public Works and Transport, addressed concerns about road damage caused by overloaded trucks while highlighting efforts to...

YSEALI Summit 2024 Inspires Regional Collaboration Through Creative Economy

From 2 to 5 December, the Young Southeast Asian Leaders Initiative (YSEALI) Summit 2024 brought together 100 young leaders from across ASEAN and Timor-Leste...

Lao Bullion Bank Officially Opens Its First Financial Institution in Laos

On 3 December, a ceremony was held to celebrate the official launch of Lao Bullion Bank at the office building in Ban Phonxay, Xaysettha...

United Nation Expert Calls for Greater Protection of Cultural Rights in Laos

Laos is taking significant steps to preserve its cultural heritage and celebrate ethnic diversity through various government initiatives. However, challenges remain in fully protecting...

Lao Front for National Development, UNICEF Join Forces to Drive Nationwide HPV Vaccination Campaign

The Lao Front for National Development (LFND) and United Nations Children's Fund (UNICEF) hosted a national media briefing in Bolikhamxay province on 3 December,...

Laos-China Railway Celebrates 3 Years: Over 43 Million Passengers

On 3 December, the Laos-China Railway celebrated its third anniversary.  Since its launch in 2021, the railway has transported 43 Million passengers, including over 740,000...