Economy

Laos Cabinet Approves New Draft Laws Amid 7.6% Inflation, Reviews Economic Priorities

Laos's Cabinet approved 12 draft laws and proposals during its August 24-25 meeting, as the government reported average inflation of 7.6 percent and reviewed economic, social and disaster-related challenges for the second half of 2026. The drafts cover government administration, public procurement, alcohol control, civil law, health insurance, social security,...

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...

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...

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...

Lao Tour Guides Trained to Meet International Standards

To promote the growing tourism sector in Laos, the Ministry of Information, Culture, and Tourism recently organized an intensive training course to enhance the...

Lao Kip Continues to Depreciate Despite Government Measures

The Lao government is taking steps to address the ongoing depreciation of the national currency, the Lao kip, and the skyrocketing inflation rates. However,...

New Expressway Section from Oudomxay to Boten Gets Green Light

The Lao government has approved the construction of the fourth section of the Laos-China expressway connecting Oudomxay Province to Boten at the Chinese border...

National University of Laos to Admit 5,920 New Students

The National University of Laos (NUOL) has announced that it will accept 5,920 new students for the 2024-25 academic year, with over 4,000 applicants...

USAID Pledges USD 15 Million to Aid Persons with Disabilities in Laos

The United States Agency for International Development (USAID) is set to provide Laos with up to USD 15 million to improve the lives of...