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...

Laos Targets Global Audience for ‘Visit Laos Year 2024’

In a bid to enhance international tourism in Laos, the government has reached out to countries across the world, extending invitations for their support...

ADB Greenlights Dual Funding Initiatives for Sustainable Urban Development in Luang Prabang

The Asian Development Bank (ADB) has approved two funding projects for the sustainable urban development of the Luang Prabang UNESCO World Heritage Site in...

Lao University Students Head to Japan to Celebrate 50 Years of ASEAN-Japan

Ten university students from the National University of Laos will be in Japan from 9-19 December as part of the Japan-East Asia Network of...

World Bank Recommends Fiscal Reforms to Address Laos’ Economic Challenge

The World Bank urged Laos to take immediate steps to stabilize the national economy. With public debt exceeding 100 percent of GDP and a...

Laos Joins Global Call for Action on Climate, Health Issues at COP28

Laos has joined 122 other countries in endorsing the Declaration on Climate and Health (COP28) at the 28th UN Climate Change Conference in the...

New Lao-Thai Friendship Bridge Project to Be Completed by End of 2024

Construction is currently underway for the 5th Lao-Thai Friendship Bridge Project, with an anticipated completion date set for the end of 2024, according to...