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...

Vietnam Seeks to Boost Coal Imports from Laos

The Vietnamese government is actively seeking solutions to enhance coal trade cooperation with Laos, addressing the challenges in the current coal trade between the...

Laos: July Inflation Rate Remains High Amid Rising Living Costs

In July, Laos continued to grapple with high inflation, with the rate slightly decreasing to 26.1 percent from June's peak of 26.2 percent. The...

South Korea Joins Forces with Mekong River Commission to Transform Mekong River Basin

The Mekong River Commission (MRC) has officially announced the Republic of Korea (ROK) as its newest Development Partner. In a move towards enhancing regional...

Lao Government Implements Dam Safety Measures for Rainy Season

In preparation for the rainy season, the Ministry of Energy and Mines has directed all hydropower operators to enhance their dam safety protocols. This...

Flights Without Limits: Switzerland, Laos Forge New Air Services Deal

Switzerland and Laos have signed a new bilateral agreement on scheduled air services. Finalized on 26 July, the document replaces the outdated accord from...

Laos to Introduce Advanced Digital Business Licensing with E-Filing System

The Lao Ministry of Technology and Communications (MOTC) has teamed up with a private company to develop an advanced digital business licensing system, also...