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...

BCEL Launches New Payment App for Tourists During Visit Laos Year 2024

Banque pour le Commerce Exterieur Lao Public (BCEL) has unveiled the EZyKip application in a bid to streamline currency exchange for tourists visiting Laos...

Vehicles Queue Up at Petrol Stations as Vientiane Residents Fear Upcoming Fuel Shortage

UPDATED January 24, 11:00 am Over the weekend, Vientiane Capital started experiencing an increase in the number of vehicles lining up at petrol stations, raising worries...

Laos-China Railway Boosts Daily Trips in Preparation of Tourism Surge

The Laos-China Railway Company has announced that it will increase the daily trips of its passenger trains to 12 journeys a day from the...

‘Battery of Southeast Asia’ Plans Move Forward as Laos Enhances Trade Capacity With Cambodia

Laos and Cambodia have reiterated their commitment to enhancing energy trade between the two countries, following the establishment of a 500-kilovolt transmission line in...

ASEAN Nears 35 Percent Renewable Energy Target

Solar and wind energy capacity in the Association of Southeast Asian Nations (ASEAN) region witnessed a 20 percent increase in 2023, reaching a total...

Government Cracks Down on Corruption, Grants Amnesty in Commitment to Social Justice

Savannakhet authorities disciplined 69 officials through expulsion and dismissal over corruption allegations, while the Lao government granted amnesty to more than 1,800 prisoners. These...