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...

Thailand Grants Stay Extension for Migrant Workers from Laos, Myanmar, Cambodia, Vietnam

In a recent move aimed at supporting migrant workers, Thailand has granted a stay extension to migrant workers from Myanmar, Laos, Cambodia, and Vietnam...

Laos, Russia Bilateral Trade Sees Hope for Growth Despite Current Dip

In the complex world of diplomacy, Laos and Russia's strong diplomatic ties contrast with their modest economic relationship. The Lao-Russia bilateral trade has taken a...

New Train Route Connects Beijing to Vientiane

The Lao-China Railway officially launched a cross-border passenger train on 13 November connecting Vientiane Capital, Laos, to China’s capital Beijing. According to China’s government website,...

China Remains Top Investor in Laos, Minister Reveals

Chinese investors have engaged in over 900 projects across various sectors in Laos, totaling more than USD 13 billion. This establishes China, once again,...

Lao Prime Minister Hits Gong to Inaugurate First Monsoon Wind Power Project Turbine

Following the completion of the installation of the first wind turbine under the Monsoon Wind Power Project, Lao Prime Minister Sonexay Siphandone officially inaugurated...

Japan Provides Aid to Laos for Upcoming ASEAN Chairmanship

Japan donated 33 Toyota Camry Hybrid sedans and IT equipment, with a total value of JPY 500 million (over USD 3 million), ahead of...