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...

BOL Policy Mandates Foreign Investors to Open FDI Account

Updated on 23 January at 4:40 pm The Bank of Laos (BOL) has implemented a new regulation mandating foreign investors to open a Foreign Direct...

Bokeo Province Sheds Lights on Student Drop Out Trend

More than 5,000 children have dropped out of primary, lower, and upper secondary schools in Bokeo Province during the current academic year of 2023–24,...

Lao Government Rolls Out New Tax Regulations on E-Commerce

The Ministry of Finance announced a new regulation on mandatory tax payments for all digital shopping platforms in its latest notice, released on 14...

Efforts Underway to Enhance Tourism Standards in Laos

The Lao government, along with stakeholders in the tourism sector, is increasing efforts to elevate tourism standards with the aim of attracting more visitors...

Laos, Thailand to Implement Permanent Border Checkpoint, Boost Trade Cooperation

Update; Laos and Thailand have joined forces to elevate a temporary border trade checkpoint to a permanent facility, aiming to bolster trade relations between the...

Savannakhet Takes Initiative in Weather Monitoring With Advanced Equipment

Savannakhet Province is set to become the first province in Laos to revolutionize its weather monitoring capabilities with the installation of state-of-the-art Light-Emitting Diode...