Economy

Laos Inflation Rises to 7.8 Percent in September as Education, Utility Costs Climb

Laos’ inflation rate rose to 7.8 percent in September, up from 7.7 percent in August, with education, utility, and some seasonal costs contributing to the increase, according to the Ministry of Finance. The latest increase came as the new school year began, with education costs rising 18.8 percent from a...

African Swine Fever Disrupts Pork Supplies, Beef Prices Rise in Vientiane

The pork shortage is putting pressure on Vientiane’s meat markets as African swine fever...

Corruption Crackdown in Laos’s Attapeu Province Uncovers Millions in Financial Irregularities

Attapeu authorities have detailed five years of corruption investigations and financial irregularities, including a...

Lao Migrant Workers Send Home USD 500 Million in First Seven Months of 2026

Lao migrant workers sent an estimated USD 500.7 million back to Laos during the...

Vietnam Emerges as Laos’ Second-Largest Foreign Investor with USD 8 Billion in Projects

Vietnam has become Laos's second-largest foreign investor, with more than 400 projects worth a...

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 Finalized on 26 July, the document replaces the outdated accord from...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...

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,...