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Vientiane
Tuesday, November 11, 2025
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Economy

Laos Cuts Public Debt to 88 Percent of GDP, Reports Budget Surplus

Laos has successfully reduced public debt from 112 percent of GDP in 2022 to about 88 percent in 2025, Prime Minister Sonexay Siphandone said on 10 November.  Sonexay, speaking at the 10th Ordinary Session of the 9th National Assembly,  also shared that authorities had focused on proactively implementing the state...

Laos Launches Second Phase of Public Financial Management Project

Laos has received USD 17.5 million in support from the World Bank for the...

New Boten-Mohan Shuttle Enhances Connectivity, Regional Integration

On 3 November, Laos and China officially launched the cross-border shuttle service between Boten...

New Partnership Strengthens River Data, Forecasting, Sustainable Development in Laos

MRC - The Mekong River Commission (MRC) and the Government of Australia have reinforced...

Over 2,500 Vientiane Students, Teachers to Support 12th National Games

The Vientiane Capital Department of Education and Sports announced that 2,583 teachers and students...

Lao-Thai Railway Completes Second Phase of Construction and Ready for Public Use

The Lao-Thai Railway is expected to start operations this year following the completion of the second phase of the railway construction, according to the...

New Thai Govt. Likely to Decriminalize Multi-Billion Dollar Sex Industry

Sex workers in Thailand are hopeful that the 14 May general election will see a new government come to power that will help decriminalize...

Laos Urges ASEAN to Tackle Issues of Poverty Alleviation and Food Security in Region

The Lao Minister of Information, Culture, and Tourism has urged ASEAN members to help the region tackle poverty and food security, during the 29th...

Central Bank of Laos Puts Mechanisms in Place to Control Inflation

The Bank of the Lao PDR has implemented various measures to manage high rates of inflation in the country, including increasing interest rates and...

Laos Records Trade Deficit of USD 17 Million in April

The country's trade deficit for April clocked in at USD 17 million, which was the lowest figure since January. The overall value of trade in...

Construction Begins in Laos on Largest Wind Power Plant in South East Asia

Construction work has begun on a major wind power plant project in Laos following the signing of a loan agreement of close to USD...