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...

Provincial Authorities Step In to Avert Healthcare Crisis in Laos

Provincial health departments in Laos have urgently intervened to countermand regulations issued by struggling provincial hospitals mandating patients bring their own medicines due to...

Lao PM Calls for ‘De-dollarization’ and Further Regulation of Foreign Currencies

Prime Minister Sonexay Siphandone signed a seven-page order on 14 July to ensure that foreign exchange earned through exports and foreign investments, enters the...

Khammouane Provincial Hospital Faces Medicine Shortage

Khammouane Provincial Hospital is currently facing a critical shortage of essential medicines, with patients now being asked to bring their own. In a recent notice...

Laos Vows to Expand Nationwide Mobile Phone Coverage by 2025

Lao Ministry of Science and Technology has pledged to increase mobile phone coverage in the country, especially in rural areas by 2025.  Mr. Boviengkham Vongdara,...

Lao Central Bank Governor Urges Curbing Luxury Imports to Tackle Inflation

The Governor of the Bank of Lao PDR, Mr. Bounleua Sinxayvoravong, presented a bold proposal to the National Assembly, calling for stringent limitations on...

Thailand Includes Laos-China Railway in 2024 Strategic Direction, Boosting Tourism Connectivity

Thailand's Tourism Authority has incorporated the Laos-China Railway into its 2024 strategic direction, aiming to enhance tourism connectivity and attract quality visitors, marking a...