Economy

Laos Cabinet Approves New Draft Laws Amid 7.6% Inflation, Reviews Economic Priorities

Laos's Cabinet approved 12 draft laws and proposals during its August 24-25 meeting, as the government reported average inflation of 7.6 percent and reviewed economic, social and disaster-related challenges for the second half of 2026. The drafts cover government administration, public procurement, alcohol control, civil law, health insurance, social security,...

Laos Economy Grows 5% in Year’s First Half, Government Holds to 6% Target

Laos’ economy expanded 5 percent in the first half of 2026, helped by a...

Attapeu Looks to Job Support as School Dropouts Rise

Attapeu is expanding its employment services as the province seeks to respond to labor...

Laos Moves to Update Electricity Law for Energy Sector Shift

Laos is moving to update its electricity sector as the government prepares to adopt...

Laos Cuts 7-Day Base Interest Rate to 7% as Economic Risks Persist

The Bank of Laos (BOL) has cut its seven-day base interest rate from 8...

Japan Boosts Road Repair Efforts in Laos with New Equipment Handover

Laos, like many developing nations, faces challenges in maintaining its road networks, which are crucial for transportation and connectivity. Recognizing the importance of well-maintained...

Heatwave Strains Power Supply Across Laos: Electricity State Company Responds to Public Backlash

Electricite Du Laos (EDL) has responded to the growing criticism for their delayed actions in addressing the frequent power outages due to high electricity...

Laos Embraces Online Shopping via Social Media, Cross-Border Innovation

In Laos, where traditional retail infrastructure lags behind its Southeast Asian neighbors, online shopping has become a trend despite its limited e-commerce presence, largely...

Lao Kip Hits Record Lows Against US Dollar, Thai Baht

Laos is facing significant economic challenges as its national currency continues to depreciate against foreign currencies, notably the US dollar and the Thai baht....

New Express Freight Train Links China, Laos, Thailand, Malaysia in Regional Trade Boost

The first China-Laos-Thailand-Malaysia express freight train began its journey from Chengdu, the capital of China's southwestern Sichuan Province on 30 April, and it is...

Laos Faces Economic Struggles Amidst Rising Inflation, Trade Deficit

Laos is grappling with ongoing economic challenges, marked by a dual struggle against rising inflation rates and a widening trade deficit. Although the year-on-year...