Economy

Laos Economy Grows 5% in Year’s First Half, Government Holds to 6% Target

Laos’ economy expanded 5 percent in the first half of 2026, helped by a strong tourism season and growth in services, but slowed in the second quarter as the government works to meet its 6 percent target for the year. Growth reached 5.5 percent in the first quarter before easing...

Attapeu Looks to Job Support as School Dropouts Rise

Attapeu is expanding its employment services as the province seeks to respond to labor...

Laos Moves to Update Electricity Law for Energy Sector Shift

Laos is moving to update its electricity sector as the government prepares to adopt...

Laos Cuts 7-Day Base Interest Rate to 7% as Economic Risks Persist

The Bank of Laos (BOL) has cut its seven-day base interest rate from 8...

Prime Minister Calls for Tighter Oversight of Boten SEZ Amid Development Challenges

Prime Minister Sonexay Siphandone has called for stronger management of the Boten Special Economic...

Educators Convene in Laos to Boost Rural Learning Access

The Southeast Asian Ministers of Education Organization Regional Centre for Community Education Development (SEAMEO CED) hosted the 6th International Seminar on Community Education Development...

Laos, Thailand Set Sights on USD 11 Billion Trade Goal by 2025

Laos and Thailand held an economic and trade cooperation talk during the 24th Economic Community Council Meeting on 7 October in Vientiane Capital, aiming...

Laos Launches Unified Foreign Exchange Market

On 6 October, the Bank of Laos (BOL) officially partnered with 11 commercial banks to launch the Lao Foreign Exchange Market Company Limited, an...

Laos and South Korea Deepen Agricultural Cooperation in Key Areas

Laos and South Korea have strengthened agricultural cooperation, focusing on modernizing Laos’s farming sector and boosting ties within ASEAN. On 30 October, South Korea’s Minister...

World Bank Approves USD 56 Million Climate-Resilient Road Project in Laos

The World Bank has approved the launch of the Climate-Resilient Road Connectivity Improvement Project in Laos on 1 October to improve road and transportation...

Cambodia Withdraws from Development Pact with Laos, Vietnam

Cambodia has officially withdrawn from the regional development pact with neighboring Laos and Vietnam. The decision was announced by Cambodian Prime Minister Hun Manet...