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...

Mekong Day Celebrations Emphasize Cooperation, Conservation Efforts

Representatives from Mekong Basin nations, along with development partners, convened at the Mekong River Commission (MRC) Secretariat to mark the 29th Mekong Day, focusing...

LOCA Currently Operates 20 Fast EV Charging Stations, Plans to Boost EV Infrastructure with 40 Stations by 2024

In a significant stride towards sustainable mobility, the CEO of LOCA announced at the ZEEKR Launch event that the company is now operating 20...

Australia Strengthens Partnerships with Laos, ASEAN

Australia’s ASEAN Senior Official Michelle Chan visited Vientiane this week on a mission to further strengthen Australia’s partnerships with Laos and ASEAN. Last month’s ASEAN-Australia...

Southeast Asian Countries Consider Ways to Boost ‘Green Financing’ as Region Chokes on Smog

LUANG PRABANG, Laos (AP) — Senior finance and central bank officials from Southeast Asia and major economies met Thursday, 4 April in the scenic...

Labor Ministry Calls for Lao Nationals to Apply for Jobs in Laos

Laos is grappling with a severe labor shortage crisis as youths increasingly seek higher wages through employment opportunities abroad. In an effort to retain...

Asian Development Bank Greenlights Funding for Enhanced Healthcare in Lao Border Provinces

In a bid to enhance access to quality healthcare services in Laos border provinces, the Asian Development Bank (ADB) has approved a financing package...