Economy

Laos Formalizes Shanghai Cooperation Organization Dialogue Partner Status

Laos has strengthened its regional ties after formally confirming its status as a Dialogue Partner of the Shanghai Cooperation Organization (SCO), signing an agreement with the organization in Beijing on 10 July. The agreement puts into effect a decision made by SCO leaders during their summit in Tianjin, China, on...

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...

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...

Vietnam Commits to Enhancing Education Ties with Laos, Offers Scholarships

Vietnam is set to award 1200 scholarships to Lao students in 2024, Vietnamese Prime Minister Pham Minh Chinh announced during the 6th session of...

Thailand’s Aging Population Drives Lao Labor Market Across the Border

Thailand needs more workers, and the younger Lao population is all set to step in. As Thailand’s population gets older, new job opportunities emerge...

Laos’ SEZs Surge with Major Investments, Fueling Economic Growth Amid Lingering Concerns for Worker Safety

Laos experienced a slight economic upswing in 2023 as approximately 178 companies funneled investments into Special Economic Zones (SEZs) across the country, generating over...

Thai Prime Minister Says Visa-Free Policy for Chinese Visitors to Be Made Permanent in March

BANGKOK (AP) — Thailand and China will soon implement visa-free entry for each other’s citizens, Thai Prime Minister Srettha Thavisin said Tuesday. Chinese nationals will...

Airport in Houaphanh Set for International Upgrade

Houaphanh province is set to upgrade Nong Khang airport to international status to boost tourism and economic development across the province, Governor Khampheng Saysompheng...

Government Targets Lower Inflation Rates in 2024

Despite the country's persistent efforts to curb inflation, Laos experienced an average inflation rate of 31.2 percent throughout 2023. But the central bank and...