Economy

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 August, with education, utility, and some seasonal costs contributing to the increase, according to the Ministry of Finance. The latest increase came as the new school year began, with education costs rising 18.8 percent from a...

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...

Vietnam Emerges as Laos’ Second-Largest Foreign Investor with USD 8 Billion in Projects

Vietnam has become Laos's second-largest foreign investor, with more than 400 projects worth a...

Houaphanh Authorities Rescind Bamboo Shoots Harvesting Ban

The Aed District Governor in Houaphanh Province has rescinded the ban on the harvesting of bamboo shoots within the district, which was issued by...

Senior Lao Economist Discusses Factors Behind Economic Woes

A senior economist and former deputy minister of Laos spoke with the media on what he believes are major factors contributing to the current...

UN General Assembly Adopts Resolution Tabled by Laos and Other Countries

Laos, together with Portugal, the Dominican Republic, Egypt, and Jamaica, have initiated and tabled a draft resolution entitled "Model United Nations" with the objective...

Laos-Vietnam Railway Set to Open for Service in 2028

The planned Laos-Vietnam Railway, running from Thakhek district in Khammouane province to the Lao-Vietnamese border, is expected to be completed and open for service...

Lao Govt Launches State-Owned Company to Boost Liquidity of Financial Institutions

The Lao government is bolstering the financial stability of commercial banks and financial institutions by creating a state-owned entity, the Debt and Asset Administration...

Construction Sector Hit Hard With Laos Facing Acute Labor Shortage Crisis

Amid the current economic downturn and the cost of living crisis, construction companies in Laos are confronted with a mounting challenge as the local...