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...

Former President’s Centenary Spurs Transformation of Historic Residence

Champasack Provincial authorities are gearing up to transform the old residence of former President Khamtai Siphandone into a multifaceted tourist destination and educational hub....

Thai Princess Praises Lao-China Railway for Enhancing Regional Cooperation

In an interview with Chinese State Media, China Media Group, Princess Maha Chakri Sirindhorn of Thailand praised the Lao-China Railway for boosting regional trade,...

Laos to Develop E-Commerce Policies, Strategies for Local Enterprises

Recognizing the surging trend of online sales in Laos, the government has designated the strengthening of e-commerce as a key strategic development goal for...

Sugar Prices Are Rising Worldwide After Bad Weather Tied to El Nino Damaged Crops in Asia

Skyrocketing sugar prices left Ishaq Abdulraheem with few choices. Increasing the cost of bread would mean declining sales, so the Nigerian baker decided to...

Laos Records Seventh Consecutive Month of Trade Deficit

Despite all the effort the Lao government is putting forth, the country continues to record a trade deficit for the seventh month in a...

Laos Plans Crackdown on Non-Compliant Crypto Firms

The Lao government has announced plans to take stern action against companies that fail to make progress or comply with agreements related to cryptocurrency...