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...

High-Tech River Management: USAID, MRC Fund Remote Sensing for Mekong Basin

The United States Agency for International Development (USAID) has entered into a grant agreement with the Mekong River Commission (MRC), pledging up to USD...

Laos: June Inflation Hits 26.2 Percent, Highest in 2024

The inflation rate in Laos in June rose to 26.2 percent, up from 25.8 percent in May, marking the highest rate the country has...

Laos, South Korea Strengthen Ties with Early Warning System Grant

The Korea Meteorological Administration (KMA) has granted USD 4 million to the Department of Meteorology and Hydrology (DMH) in Laos. The funding aims to...

Lao PM Highlights Drug Threat, Urges Unity on Anti-Drug Day

On the 37th anniversary of International Anti-Drug Day, 26 June, Lao Prime Minister Sonexay Siphandone addressed the nation, reflecting on the country's efforts and...

Laos Begins Comprehensive Review of 2015 Constitution for Major Amendments

The National Committee for the Amendment of the Constitution commenced the review process of the 2015 Constitution on 20 June to make necessary revisions...

Dengue Fever Education Sessions Boost Awareness in Two Xaysomboun Villages

Local communities in Nam Mo and Nam Gnone, Xaysomboun Province, should now be better prepared to fight Dengue Fever thanks to recent education sessions...