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...

Lao-American Author Goes Beyond Borders With ‘Sticky Rice for Lunch’

Children's literature has a new gem on its bookshelves. Rooted in cultural identity and acceptance, "Sticky Rice for Lunch" by Jacob (Jake) Singhavong offers...

Tracing Toll of Covid-19 Pandemic on Tourism Industry in Laos

A new report by the World Bank indicates the impact on the tourism industry in Laos of the Covid-19 pandemic. Data from the World Bank...

High-Speed Rail Linking Nong Khai, Vientiane Expected to Complete in 2028

The Nong Khai-Vientiane stretch of the Thai-China high-speed rail (HSR) project is anticipated to conclude construction in 2028, revealed Thai Deputy Transport Minister Surapong...

New Protection Centers Opened in Laos for Survivors of Violence

New centers for survivors of violence opened in Bolikhamxay and Champasack provinces. These two new "Counseling and Protection Centers for Women and Children" are...

Alarming Road Accident Statistics Prompt Stringent Measures for New Year Safety

As the year draws to a close, the country grapples with a somber reality. More than 800 lives were lost and nearly 1,000 people...

Landmark Partnership Propels Laos Towards Greener Future

The Central Bank of Laos (BOL) and the International Finance Corporation (IFC) inked an agreement on 12 December to boost their partnership in promoting...