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 Increases Minimum Wage to Combat Rising Living Costs

The Ministry of Labor and Social Welfare has announced a new minimum wage policy, aiming to support workers facing economic challenges due to rising...

Lao Team Shines at Global Robotics Challenge, Achieves Historic 6th Place

The Champa Maker team from Laos achieved 6th place out of 193 at the First Global Challenge Robotics Competition Held in Athens, Greece, from...

European Union-ASEAN Dialogue Explores Green Transition Opportunities, Challenges

European Union (EU)-ASEAN businesses and cooperation agencies discussed the opportunities and challenges of ASEAN’s green transition in the Partners’ Dialogue forum with the Delegation...

StarExpress Tourist Train Launches, Connecting Kunming to Laos

On 24 September, the StarExpress, a new cross-border tourist train, launched its inaugural journey from Kunming, China, to Luang Prabang and Vientiane, Laos.  This new...

Laos Faces Eighth Consecutive Month of Trade Deficit

Laos recorded a trade deficit of USD 129 million in August, marking the eighth straight month of trade deficits in 2024, according to data...

Salavan, Ubon Ratchathani Provinces Agree on Cross-Border Water Transport Deal

Laos’ Salavan Province and Thailand’s Ubon Ratchathani Province have agreed to enhance cooperation on water transport, aiming to improve regional connectivity through key international...