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...

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...

EU-ASEAN Relations Reach New Heights with New Development Projects in Laos, the Region

The longstanding partnership between Laos and the European Union (EU) reached new heights with the recent official visit of Jutta Urpilainen, European Commissioner for...

To Protect Everyone’s Health is to Protect Everyone’s Rights

Op-Ed by Patricia Ongpin, UNAIDS Country Director for Cambodia, Laos and Malaysia This year, the world marked the tenth anniversary of Zero Discrimination Day on...

Laos Grapples with Extreme Weather Events, Fires in 2023, Causing USD 53.5 Million Damage

Laos faced a tough year in 2023 as it battled through 76 extreme weather events and fires that caused severe damage across the country....

Lao Companies Slow to Adapt to Wage Increases

Several companies across Laos have shown reluctance to comply with government initiatives to raise the minimum wage. Despite the government's approval of a minimum wage...

Vientiane Residents Rush to Update Vehicle Registration Plates

In response to Vientian’s recent announcement regarding the city’s registration plates, changing vehicle number plates from Vientiane Municipality to Vientiane Capital, effective on 1...