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...

Laos Seeks Debt Deferrals as External Payments Nearly Double to USD 950 Million

Laos is seeking more time to pay off its debts, as its external debt payments nearly doubled to USD 950 million last year, from...

Lao Government Reshuffles Key Positions Across Ministries

The Lao government has announced a significant reshuffle of key positions across various ministries following a month-long session at the National Assembly (NA). One of...

Laos Adopts New Laws to Boost Socio-Economic Growth

The National Assembly (NA) of Laos has officially adopted 13 laws aimed at enhancing the country's socio-economic growth. This decision followed extensive debates among...

Laos Kicks Off Green Bus Trials to Boost Public Transport in Four Provinces

Several provinces in Laos have commenced trials of new public “green bus” transportation services aimed at enhancing local infrastructure and reducing traffic congestion. The buses...

Laos to Implement Key Measures to Tackle Labor Shortage

Minister of the Ministry of Labour and Social Welfare Baikham Khattiya announced a series of measures to tackle the labor shortage during the seventh...

Laos: Electricity Consumption Surges 45 Percent in Three Years

The electricity sector in Laos is facing significant challenges. According to a report from the Ministry of Energy and Mines, electricity consumption has surged...