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 Plans to Raise Minimum Government Salary by 2025

The Lao government has announced plans to increase the minimum salary of civil servants to between LAK 2 million and 2.2 million (USD 91.45...

Laos Sees Fourth Month of Trade Deficit, Lao Kip Hits Record Low

Laos experienced four consecutive months of trade deficits from January to April this year. This situation has been exacerbated by rising inflation rates, leading...

Luang Namtha Boosts Tourism with New Attraction Study

Luang Namtha Province is actively enhancing its tourist sites to attract both foreign and national tourists. The province is particularly popular in winter, drawing...

Rural Laos Gets Lifeline with Second Phase of Nutrition Initiative

Laos has launched the second Reducing Rural Poverty and Malnutrition Project. Supported by the World Bank, this initiative aims to bring additional resources to...

Prime Minister Highlights Economic Growth Despite Challenges

Amidst ongoing economic difficulties, Prime Minister Sonexay Siphandone reported a 4.7 percent growth in the country's Gross Domestic Product (GDP) in the first half...

Major Road Enhancements in Vientiane to Boost Traffic Safety, Flow

In preparation for the upcoming ASEAN meetings in the capital, many roads in Vientiane are undergoing significant upgrades to enhance driving conditions and safety....