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...

Bokeo Province Sheds Lights on Student Drop Out Trend

More than 5,000 children have dropped out of primary, lower, and upper secondary schools in Bokeo Province during the current academic year of 2023–24,...

Lao Government Rolls Out New Tax Regulations on E-Commerce

The Ministry of Finance announced a new regulation on mandatory tax payments for all digital shopping platforms in its latest notice, released on 14...

Efforts Underway to Enhance Tourism Standards in Laos

The Lao government, along with stakeholders in the tourism sector, is increasing efforts to elevate tourism standards with the aim of attracting more visitors...

Laos, Thailand to Implement Permanent Border Checkpoint, Boost Trade Cooperation

Update; Laos and Thailand have joined forces to elevate a temporary border trade checkpoint to a permanent facility, aiming to bolster trade relations between the...

Savannakhet Takes Initiative in Weather Monitoring With Advanced Equipment

Savannakhet Province is set to become the first province in Laos to revolutionize its weather monitoring capabilities with the installation of state-of-the-art Light-Emitting Diode...

Lao Government Green Lights 1200 MW Wind Power Project, Largest to Date

In a major boost for renewable energy in Southeast Asia, the Lao government signed a Project Development Agreement (PDA) with Savan Vayu Renewable Energy...