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...

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....

Human Capital, Green Sustainability: Two Priorities for Laos’ Future Economic Model

Laos is currently facing challenges transitioning from commodity-driven growth to a more inclusive prosperity model, reveals a new report from the Organisation for Economic...

Thailand Interested in Building Sixth Friendship Bridge to Laos

Thailand has confirmed its intention to build a sixth friendship bridge connecting the country to Laos over the Mekong River. This bridge would link...

Decline in Secondary School Enrollments Continues for Third Consecutive Year

The number of secondary school students in Grades 4 and 7 across Laos has declined for the third consecutive year, as reported by the...

International Educators Gather in Vientiane to Boost Job Readiness, English Proficiency

The first-ever English Language Teaching and Job Readiness Forum at the Muong Thanh Luxury Vientiane Hotel on 30 May drew 120 educators from Laos,...

Laos, Singapore, Cambodia Unite to Facilitate Cross-Border Electricity Trade

Singapore, Cambodia, and Laos have formed a working group to push cross-border electricity trade, inching closer to the ASEAN Power Grid vision.  On 3 June,...