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 Inflation Rate Sees Modest Decline in May

The country recorded a year-on-year inflation rate of 38.86% in May, according to information from the Lao Statistics Bureau (LSB). The year-on-year inflation rate in...

World Bank to Support Improvement of Laos Electricity Grid

The World Bank has approved a Power Distribution Improvement Project to increase the capacity and efficiency of the domestic electricity grid in Laos and...

Renewable Energy Surges, Driven by Solar Boom and High Fuel Prices, Report Finds

BERLIN (AP) — The world is set to add a record amount of renewable electricity capacity this year as governments and consumers seek to...

Lao Central Bank Restores Foreign Currency Control Department

The Bank of the Lao PDR has reinstated the Foreign Currency Control Department for foreign currency management in the country amid the depreciation of...

Authorities Plan to Connect Vientiane-Vang Vieng Expressway to Xaysomboun Province

Authorities in Vientiane and Xaysomboun provinces have discussed a corridor plan on the Vientiane-Vang Vieng Expressway to connect the two provinces. Lao National Radio...

US Embassy, Lao Govt Celebrate Three Decades of Law Enforcement and Justice Sector Cooperation

Members of the Lao government, US Embassy Vientiane, and international organizations gathered at the Lao Plaza Hotel last month to celebrate the long history...