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...

International Women’s Day Reflects Progress, Challenges of Women’s Rights in Laos

As the world celebrates International Women's Day on 8 March, Lao women are voicing the progress made in women's rights amidst the ongoing struggle...

Laos-Australia Partnership Launched with Major Investment in Dengue Research

Australia has committed AUD 3 million (almost USD 2 million) in financial support this year to advance research combating dengue fever in Laos through...

Electricity Exports Propel Laos to Trade Surplus, Marking Record Growth

Laos has recorded a significant surge in its annual trade, reaching a total value of over USD 15.5 billion in 2023.  The figures, released by...

United States Provides Over USD 24 Million for UXO Clearance in Laos

The Government of the United States of America (US) has pledged a total of USD 24.2 million to the HALO Trust, a leading Unexploded...

Laos Proposes Selling Over 4,000 MW of Wind Power to Vietnam

Vietnam Electricity (EVN) has received proposals from seven wind farm investors in Laos aiming to sell electricity to Vietnam, totaling nearly 4,150 megawatts (MW). According...

Ambassador of United States Delivers Textbooks to Lao Schools, Bolstering Education Efforts

Children across the country are set to further improve their learning abilities through the continuous support of the “Learn to Read” project. Spearheaded by...