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 Records Seven Months of Trade Deficit in 2023, Totaling USD 675 Million

Laos has grappled with a trade deficit for seven of the first nine months of this year, totaling USD 675 million. Only in February...

Laos Sets Tourism Record Boasting 285 Percent Surge in 2023

Nestled amid the green landscapes of Southeast Asia, Laos finds itself at the epicenter of an extraordinary tourism surge, statistics by the Ministry of...

Tourism, Hospitality in Focus as Lao Youth Embark on Japan Study Tour

Japan is set to welcome a delegation of 10 young people from Laos who are participating in the Japan-East Asia Network of Exchange for Students...

National University of Laos Turns 27

Lao higher education turns 27 years old. With a quiet celebration, the National University of Laos (NUOL) marks another milestone.  Founded in 1996 as a...

Bridge in Savannakhet Collapses under 42-ton Truck

Local authorities in Xayaboury District, Savannakhet Province, have promptly responded to the collapse of the Houay Thahao Bridge after the crossing of a 42-ton...

Laos, South Korea Partner to Simplify Cross-Border Money Transfers

Laos and South Korea are joining forces in a pilot project to facilitate the process of cross-border money transfers for Lao workers abroad and...