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...

Laos-Australia Partnership Launched with Major Investment in Dengue Research

Australia has committed AUD 3 million (almost USD 2 million) in financial support this year to advance research combating dengue fever in Laos through...

Electricity Exports Propel Laos to Trade Surplus, Marking Record Growth

Laos has recorded a significant surge in its annual trade, reaching a total value of over USD 15.5 billion in 2023.  The figures, released by...

United States Provides Over USD 24 Million for UXO Clearance in Laos

The Government of the United States of America (US) has pledged a total of USD 24.2 million to the HALO Trust, a leading Unexploded...

Laos Proposes Selling Over 4,000 MW of Wind Power to Vietnam

Vietnam Electricity (EVN) has received proposals from seven wind farm investors in Laos aiming to sell electricity to Vietnam, totaling nearly 4,150 megawatts (MW). According...

Ambassador of United States Delivers Textbooks to Lao Schools, Bolstering Education Efforts

Children across the country are set to further improve their learning abilities through the continuous support of the “Learn to Read” project. Spearheaded by...

Laos Inflation Hits 25.35 Percent in February

Laos continues to face economic challenges as inflation rates reached 25.35 percent in February, up from 24.44 percent the previous month, according to a...