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...

Lao Residents Suffer from Mental Health Issues Due to Inflation and Flooding

A mental health expert raised concerns about the escalating stress caused by inflation and severe flooding in parts of the country recently, noting that...

Cambodia to Launch Flight Routes to India in Early 2024

As Cambodia and India move closer to finalizing a bilateral free trade agreement, residents of both nations can anticipate the introduction of direct flight...

Laos Gears Up to Host ASEAN Tourism Ministers’ Meeting & Tourism Forum 2024

Laos is currently making comprehensive preparations to host the 27th ASEAN Tourism Ministers' Meeting and the 42nd ASEAN Tourism Forum (ATF) in Vientiane between...

Lao Students Receive 350 Scholarships to Study in China

The Embassy of China in Laos, on behalf of the Chinese Government, has awarded 350 scholarships to Lao students and civil servants to study...

Laos Expects Food and Other Product Prices to Increase by 10% This Year

The Vientiane Department of Industry and Commerce has estimated that the prices of food and other essential products in Laos will increase by 5%...

Laos Suspends Power Supply to Cryptocurrency Mining Businesses

Electricite du Laos (EDL) has announced that it will no longer supply electricity to cryptocurrency mining operations in Laos, citing long-term outstanding debts. The notice,...