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...

LOCA Currently Operates 20 Fast EV Charging Stations, Plans to Boost EV Infrastructure with 40 Stations by 2024

In a significant stride towards sustainable mobility, the CEO of LOCA announced at the ZEEKR Launch event that the company is now operating 20...

Australia Strengthens Partnerships with Laos, ASEAN

Australia’s ASEAN Senior Official Michelle Chan visited Vientiane this week on a mission to further strengthen Australia’s partnerships with Laos and ASEAN. Last month’s ASEAN-Australia...

Southeast Asian Countries Consider Ways to Boost ‘Green Financing’ as Region Chokes on Smog

LUANG PRABANG, Laos (AP) — Senior finance and central bank officials from Southeast Asia and major economies met Thursday, 4 April in the scenic...

Labor Ministry Calls for Lao Nationals to Apply for Jobs in Laos

Laos is grappling with a severe labor shortage crisis as youths increasingly seek higher wages through employment opportunities abroad. In an effort to retain...

Asian Development Bank Greenlights Funding for Enhanced Healthcare in Lao Border Provinces

In a bid to enhance access to quality healthcare services in Laos border provinces, the Asian Development Bank (ADB) has approved a financing package...

Inflation Rate in Laos Dips Slightly to 24.98 Percent in March

Amidst a backdrop of economic challenges, Laos experienced a marginal decline in its inflation rate, dipping to 24.98 percent in March from February's 25.35...