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...

Lao Labor Ministry to Streamline Visa, Work Permit Processes for Foreign Workers

The Ministry of Labor and Social Welfare is implementing new measures to facilitate the issuance of visas for illegal foreign workers and the renewal...

Survey Complete for Vientiane-Luang Prabang Expressway Link

The survey and preliminary design of an expressway, linking Vangvieng district in Vientiane province to Luang Prabang province, have been finalized. This development signals...

Migrant Workers from Laos, Cambodia, Myanmar Under Labor Agreement Advised to Leave Thailand by End of April

In an announcement dated 19 April, the Thai government issued a warning to workers from Laos, Cambodia, and Myanmar, urging them to depart Thailand...

Lao GDP Forecasted to Grow in 2024-2025, Says Asian Development Bank

Laos is expected to see moderate economic growth this year and next year, largely driven by external demand fueled by tourism and trade, as...

New Water Bill Receipt Fee Sparks Outrage Among Residents in Bokeo

Bokeo Province's Water Supply State Enterprise has stirred controversy with a new regulation requiring households to pay LAK 10,000 (approximately USD 0.47) for every...

Sustained Inflation in Laos Forces Shift in Employment Patterns, Hits Low-Income Families Hardest: World Bank Reveals

Laos is grappling with significant shifts in its job market and socio-economic landscape as a result of prolonged inflation, as per the latest findings...