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...

Prime Minister Urges Education Reform, Accountability for New School Year

Lao Prime Minister Sonexay Siphandone has called for reforms in the country’s education system as the new school year commenced on 2 September. In...

Monsoon Wind Power Project in Laos to Start Ahead of Schedule

The 600 MW Monsoon wind power project in Laos is set to start trial operations in late December, two months earlier than the initially...

Employers Advised to Adopt Fair Exchange Rates for Salaries, Wages Starting 1 October

UPDATED on 4 September at 2:01 PM Starting 1 October, all organizations and companies in Laos that define salaries in foreign currencies and pay their...

MAG Receives Funding to Expand UXO Clearance in Khammouane, Laos

The Mines Advisory Group (MAG) has secured over USD 800,000 from the Freeman Foundation and Restoration Laos to fund UXO clearance and explosive ordnance...

Ministry of Energy and Mines Considers Electricity Price Adjustments for 2024-2028

The Ministry of Energy and Mines (MEM) is exploring changes to electricity prices for the 2024-2028 period to ensure the long-term sustainability of electricity...

Cambodia to Sign Double Taxation Agreements with Laos, Philippines

Cambodia is set to sign double taxation agreements (DTAs) with Laos and the Philippines, following the completion of essential technical procedures, according to Cambodian...