Economy

Vientiane’s Smart Road Cleaning, Cooling Pilot Project Nears Completion

Vientiane’s Smart Clean-Cooling Road System pilot project has reached 95 percent completion, and contractors expect to finish all work in October, the contractor said. The project is the first of its kind in Laos and a pilot in the center of the capital. The contractor company, Muanglao Development Co., Ltd,...

Laos Inflation Rises to 7.8 Percent in September as Education, Utility Costs Climb

Laos’ inflation rate rose to 7.8 percent in September, up from 7.7 percent in...

African Swine Fever Disrupts Pork Supplies, Beef Prices Rise in Vientiane

The pork shortage is putting pressure on Vientiane’s meat markets as African swine fever...

Corruption Crackdown in Laos’s Attapeu Province Uncovers Millions in Financial Irregularities

Attapeu authorities have detailed five years of corruption investigations and financial irregularities, including a...

Lao Migrant Workers Send Home USD 500 Million in First Seven Months of 2026

Lao migrant workers sent an estimated USD 500.7 million back to Laos during the...

Laos Records a Trade Deficit of USD 88 Million in August

Laos' imports and exports totaled over USD 980 million in August, with exports valued approximately at USD 446 million and imports at USD 534...

BOL Chief Calls For More Cooperation in Launching Cross-Border Payment Systems

Dr. Bounluea Sinxayvoraving, Governor of the Bank of Laos, spoke at the 15th ASEAN-China Financial Cooperation and Development Summit Forum in Nanning, China, calling...

Luang Prabang Families Displaced by Laos-China Railway Project Get Relocated to New Village

The Laos-China Railway Company has relocated the residents of Buam-Or village, Xiengngeun district, Luang Prabang province, to a new village with access to recently-built...

Lao Govt Debunks News of Fuel Shortage, Affirms Fuel Distribution Still Strong

The Lao Fuel and Gas Association (LFGA) and the Ministry of Industry and Commerce (MOIC) have assured residents that the country's fuel distribution situation...

ADB Lowers Laos’ 2023 Economic Growth Forecast to 3.7 Percent

According to the Asian Development Bank (ADB), economic growth in Laos will be slower than expected due to weaker growth prospects in China, adverse...

Fuel Company: Laos Could Face Renewed Fuel Shortages

Laos could face renewed fuel shortages if the current situation regarding foreign exchange is not quickly rectified, fuel companies have warned. PTT Lao Limited, the...