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...

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...

Dengue Fever Education Sessions Boost Awareness in Two Xaysomboun Villages

Local communities in Nam Mo and Nam Gnone, Xaysomboun Province, should now be better prepared to fight Dengue Fever thanks to recent education sessions...

Bank of Laos Raises Interest Rate to 10% Amid Economic Challenges

The Bank of the Lao PDR (BOL) has announced an increase in its interest rate for short-term loans from 8.5 percent to 10 percent...

Global Reading Crisis: 300 Million Children at Risk by 2030, Report Says

More than 300 million children, representing 37 percent of all young people worldwide, will fail to achieve basic reading proficiency by 2030 if immediate...