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...

Houaphan Authorities Investigate Chemical Leak from Mining Company

Houaphan's provincial authorities are promptly responding to reports of chemical discharge from Laos-China Rare Mineral Development Company North 2 Limited into a river in...

Laos, China Collaborate to Advance Traditional Medicine

Traditional medicines in Laos are poised for broader recognition as a state-run pharmaceutical enterprise partnered with three Chinese agencies to enhance the therapeutic potential...

Lao Government to Raise Value-Added Tax Rate to 10 Percent

The Lao government has announced plans to raise the value-added tax (VAT) rate from 7 percent to 10 percent as part of efforts to...

Cassava Leads Lao Exports in January 2024 Amid Trade Deficit

Cassava emerged as the leading export product in the initial month of this year,  according to reports from Lao government sources. Continuing a trend...

Cross-Border Tourism: 2024’s First Beijing to Laos Tourist Train Departs From Chinese Capital

The first Beijing to Laos cross-border tourist train of 2024 departed from the Chinese capital during the early hours of Monday morning, 18 March....

Lao Students Bid Farewell as They Embark on Scholarship Programs in Japan

Lao students set to pursue their studies in Japan received a warm farewell during a send-off reception hosted at the residence of the Ambassador...