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...
Amidst a backdrop of economic challenges, Laos experienced a marginal decline in its inflation rate, dipping to 24.98 percent in March from February's 25.35...
The Lao government announced an increase in extra monthly subsidy by LAK 150,000 (USD 7.15) for civil servants, including soldiers, police officers, retired employees,...
Laos is central to the economic development of the Mekong subregion. The ongoing expansion of basic infrastructure in Laos is a key national priority....
