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...

Counseling Project Empowers Lao Couples in Reproductive Health

Saly Sorsaksit and Noud Sivanxay have a golden rule: be ready. "We decided before getting married that we would be fully ready as parents before...

Rising Interest in Chinese Language Reflects Future Job Prospects for Lao Youth

The younger generation in Laos is showing a growing interest in learning the Chinese language, recognizing the potential for future job opportunities amidst a...

Applications Now Open for Australia Awards Scholarships for Study in 2025

The Australian Embassy in Laos is pleased to announce the opening of applications for the prestigious Australia Awards Scholarships for study in Australia commencing...

Lao Residents Vent Frustrations Over Passport Application Process

Residents are expressing their frustrations on social media regarding the cumbersome process of obtaining passports, despite recent announcements about the availability of numerous online...

Laos Exceeds Agricultural Export Target, Trade Deficit Remains

Over the past year, Laos earned an estimated USD 1.4 billion from agricultural exports, exceeding targets set by the government by 20.18 percent. According to...

Debt-Stricken Sri Lanka Signs a Free Trade Pact With Thailand

COLOMBO, Sri Lanka (AP) — Debt-stricken Sri Lanka signed a trade pact with Thailand on 3 January in a bid to boost trade and...