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 National Assembly Members Call for Increase in Minimum Wage

National Assembly members from various constituencies commented on the government's socio-economic development plan, state budget plan, and monetary plan during the ongoing 5th ordinary...

Laos Keen to Obtain Halal Certification For Domestic Products

Lao Prime Minister Sonexay Siphandone expressed his commitment toward obtaining halal certification for domestic products during Malaysian Prime Minister Anwar Ibrahim's official visit to...

Myanmar’s Military Intervention Sparks Fear of Third Forex Rate 

Myanmar’s military government has been cracking down on the unofficial foreign exchange market to prevent further depreciation of Myanmar Kyat (MMK). But amidst all...

Deputy PM Holds Meeting to Discuss Road Safety Concerns in Northern Provinces

Deputy Prime Minister Kikeo Khaykhamphithoune presided over a meeting last week in Luang Prabang on safety concerns regarding major roads in the northern provinces...

Lao Govt Addresses Growing Economic Concerns at National Assembly

The Fifth Ordinary Session of the Lao National Assembly’s (NA) Ninth Legislature, opened on Monday to address the ongoing economic and financial concerns in...

June Inflation Rate in Laos Sees Significant Dip From Last Month

The recent inflation rate published by the Bank of Lao PDR (BOL), shows signs of a weakening economy as year-on-year inflation rises. The year-on-year inflation...