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...

Sri Lanka in Laos: 16 Years of Building Bridges in Tourism, Religion, and Tech

Damith Aluge, General Secretary of the Sri Lanka Laos Union, has spent the last 16 years in Laos, pioneering projects in tourism, Buddhism, and...

Counseling Project Empowers Lao Couples in Reproductive Health

Saly Sorsaksit and Noud Sivanxay have a golden rule: be ready. "We decided before getting married that we would be fully ready as parents before...

Rising Interest in Chinese Language Reflects Future Job Prospects for Lao Youth

The younger generation in Laos is showing a growing interest in learning the Chinese language, recognizing the potential for future job opportunities amidst a...

Applications Now Open for Australia Awards Scholarships for Study in 2025

The Australian Embassy in Laos is pleased to announce the opening of applications for the prestigious Australia Awards Scholarships for study in Australia commencing...

Lao Residents Vent Frustrations Over Passport Application Process

Residents are expressing their frustrations on social media regarding the cumbersome process of obtaining passports, despite recent announcements about the availability of numerous online...

Laos Exceeds Agricultural Export Target, Trade Deficit Remains

Over the past year, Laos earned an estimated USD 1.4 billion from agricultural exports, exceeding targets set by the government by 20.18 percent. According to...