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: Electricity Consumption Surges 45 Percent in Three Years

The electricity sector in Laos is facing significant challenges. According to a report from the Ministry of Energy and Mines, electricity consumption has surged...

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...