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...

International Traffic Soars to New Heights at Laos-China Border

Mohan Port on China’s border with Laos has reported a significant surge in international passenger traffic this year, according to data released by Chinese...

Laos Launches New Job Search Website to Address Labor Market Challenges

On 14 August, Laos unveiled a new job search website, developed by the Ministry of Labor and Social Welfare (MOLSW) with support from the...

Vehicle Registration in Vientiane Exceeds City’s Population

In Vientiane Capital, the number of registered vehicles has now surpassed the city's population, exacerbating traffic congestion, pollution, and safety concerns. According to Amphaivanh...

Laos Faces USD 154 Million Trade Deficit in July, Seventh Consecutive Month of Imbalance

Laos recorded a USD 154 million trade deficit in July, marking its seventh consecutive month of trade imbalances. According to the Trade Information Center...

From Clicks to Progress: Youth Digital Pathways for Sustainable Development

The Lao Youth Union (LYU) and the United Nations Population Fund (UNFPA) marked International Youth Day with an event that gathered 300 young people...

Laos Establishes Bullion Bank to Secure Gold Reserves, Stabilize Kip

The Ministry of Finance, has signed an agreement with PTL  Holding Co., Ltd. on 7 August to establish the Lao Bullion Bank to build...