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Thursday, October 30, 2025
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Economy

Inflation in Laos Eases to 4 Percent in October

The cost of living in Laos continues to rise, with new data from the Laos Statistic Bureau showing that inflation reached four percent in October, down from 4.5 percent in September. To track inflation, experts use the Consumer Price Index, or CPI, which is like a shopping basket including the...

Houaphanh Kicks Off Radio & TV Station Project With Support From Vietnam

On 27 October, Houaphanh Province launched the construction of its new provincial radio and...

Bank of Laos Targets Stronger Oversight, Digital Banking, Regional Connectivity in New Five-Year Strategy

The Bank of Laos (BOL) has unveiled a new five-year plan (2026–2030) aimed at...

Vang Vieng Under Review for ASEAN Clean Tourist City Award

Vang Vieng, one of Laos’ most popular tourist destinations, is under evaluation for the...

Lao Green Business Forum 2025 sets vision for Laos as ASEAN’s future Green Business Hub

The Lao Green Business Forum 2025 marked a pivotal step in Laos’s journey toward...

China General Nuclear Signs Agreement for Renewable Energy Project in Laos

The Chinese state-owned energy corporation inked a deal with the Lao Government last week to build a renewable energy base in Laos. According to Reuters,...

Laos Records a Trade Deficit of USD 88 Million in August

Laos' imports and exports totaled over USD 980 million in August, with exports valued approximately at USD 446 million and imports at USD 534...

BOL Chief Calls For More Cooperation in Launching Cross-Border Payment Systems

Dr. Bounluea Sinxayvoraving, Governor of the Bank of Laos, spoke at the 15th ASEAN-China Financial Cooperation and Development Summit Forum in Nanning, China, calling...

Luang Prabang Families Displaced by Laos-China Railway Project Get Relocated to New Village

The Laos-China Railway Company has relocated the residents of Buam-Or village, Xiengngeun district, Luang Prabang province, to a new village with access to recently-built...

Lao Govt Debunks News of Fuel Shortage, Affirms Fuel Distribution Still Strong

The Lao Fuel and Gas Association (LFGA) and the Ministry of Industry and Commerce (MOIC) have assured residents that the country's fuel distribution situation...

ADB Lowers Laos’ 2023 Economic Growth Forecast to 3.7 Percent

According to the Asian Development Bank (ADB), economic growth in Laos will be slower than expected due to weaker growth prospects in China, adverse...