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Friday, November 14, 2025
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Economy

EDL-Gen Signs an Agreement to Boost Floating Solar, Carbon Credit Initiatives

On 10 November, Électricité du Laos Generation Public Company (EDL-Gen) signed an agreement with South Korean firm CS Tech Co., Ltd. to develop floating solar installations on its hydropower reservoirs and advance carbon credit initiatives. Souksavath Sosoupanh, Managing Director of EDL-Gen, stated that the partnership will install floating solar panels...

National Assembly Calls for Action on Roads, Education, Agriculture

At the 10th Ordinary Session of the 9th National Assembly on 11 November, members...

Construction Begins on National Road No. 2W Upgrade Project Worth USD 10 Million

On 11 November, the Ministry of Public Works and Transport (MPWT) signed a contract...

Mineral Sector Surpasses Five-Year Goals as Government Strengthens Oversight

Laos’ mineral sector recorded production worth LAK 36,175 billion (approximately USD 1.67 billion) in...

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...

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...

Laos Exports 3 Million Tons of Agricultural Products in First Quarter of 2023

The Ministry of Agriculture and Forestry in Laos has exported over three million tons of agricultural products in the first three months of 2023. Bounchan...

Inflation Limits Lao Families’ Recovery From COVID-19, Says New World Bank Report

While economic activity has recently picked up in Laos, the rising cost of living is having a widespread negative impact, with poorer families most...