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...

Laos Co-chairs Mekong-Ganga Cooperation Ministerial Meeting in Bangkok

Laos secured funding of USD 500,000 for a series of poverty reduction projects through the Mekong-Ganga scheme during the 12th Mekong-Ganga River Cooperation Framework...

Spending Kip to Make Dong: Why Laos Should Step Up Efforts to Attract More Vietnamese Tourists

As lackluster economic growth causes millions in China to stay home, Laos should do more to attract Vietnamese travelers for its post-pandemic tourism revival. The...

Lao National Assembly to Revise Law on Children’s Rights and Interests

The Minister of Justice, Phayvy Sibualipha, presented a revised law on the protection of children’s rights and interests during the 5th Ordinary Session of...

Russia Proposes Local Currency Initiative to Entice Trade with ASEAN Nations

Russian Foreign Minister Sergey Lavrov proposed the use of local currencies while urging the revitalization of trade between Russia and Southeast Asian nations during...

Cassava Profits Conceal Alarming Environmental Threat in Laos

Cassava's lucrative short-term benefits as Laos' major agricultural export mask the devastating consequences of extensive slash-and-burn practices, putting the country's long-term ecological stability in jeopardy. Cassava has...

Laos Attracts Foreign Investment of Over USD 800 Million in Khammouane

The Asia-Potash International Intelligent Industrial Park in Khammouane province has been a significant investment for the country, with an investment cooperation memorandum worth USD...