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...

Amid Widespread Flooding, Four Hydropower Plants in Laos Announce Release of Water

As heavy rains continue across the country, four major hydropower plants in Laos have had to open their reservoir gates to release water. This...

Laos Sees Highest Trade Deficit of 2023 in July at USD 166 Million

Laos’ imports and exports totaled over USD 1 billion in July; exports were valued at USD 429 million, while imports were approximately USD 595...

Lao Kip Listed as One of Most Undervalued Currencies in World

Business News Asia, an international website that provides business and financial news, analysis, and opinion on companies, industries, and economies in Asia, deemed the...

Lao Authorities Help 45 Vietnamese Nationals Stranded During Landslides

Lao authorities rescued 45 Vietnamese citizens who were trapped on a stretch of road following flooding and landslides in Bolikhamxay Province on Saturday. In...

Support Flood Victims in Laos by Donating to These Five Organizations

Eight provinces across Laos have been the victims of flash floods, affecting thousands of households across the country, especially in Khammouane, Bolikhamxay, and Savannakhet....

Eight Provinces in Laos Ravaged by Severe Flooding and Landslides

Hundreds of people have been displaced across the country, and at least two fatalities have been recorded in Bolikhamxay due to widespread flooding and...