Economy

Vientiane’s Smart Road Cleaning, Cooling Pilot Project Nears Completion

Vientiane’s Smart Clean-Cooling Road System pilot project has reached 95 percent completion, and contractors expect to finish all work in October, the contractor said. The project is the first of its kind in Laos and a pilot in the center of the capital. The contractor company, Muanglao Development Co., Ltd,...

Laos Inflation Rises to 7.8 Percent in September as Education, Utility Costs Climb

Laos’ inflation rate rose to 7.8 percent in September, up from 7.7 percent in...

African Swine Fever Disrupts Pork Supplies, Beef Prices Rise in Vientiane

The pork shortage is putting pressure on Vientiane’s meat markets as African swine fever...

Corruption Crackdown in Laos’s Attapeu Province Uncovers Millions in Financial Irregularities

Attapeu authorities have detailed five years of corruption investigations and financial irregularities, including a...

Lao Migrant Workers Send Home USD 500 Million in First Seven Months of 2026

Lao migrant workers sent an estimated USD 500.7 million back to Laos during the...

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...

Highway Collapse in Southern China Kills at Least 36 People

BEIJING (AP) — A section of a highway collapsed after heavy rains in southern China, sending cars tumbling down a slope and leaving at least...

Lao Economic Growth Remains Below 2019 Levels, World Bank Report Reveals

Lao economic growth is facing continued challenges, with growth estimated to have remained below 2019 levels in 2023 and expected to stay below that...