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 Exports 3 Million Tons of Agricultural Products in First Quarter of 2023

The Ministry of Agriculture and Forestry in Laos has exported over three million tons of agricultural products in the first three months of 2023. Bounchan...

Inflation Limits Lao Families’ Recovery From COVID-19, Says New World Bank Report

While economic activity has recently picked up in Laos, the rising cost of living is having a widespread negative impact, with poorer families most...

Lao Government Issues 21,000 Land Deeds in 2022

The Department of Environment and Natural Resources announced the total revenue generated from land deed issuance in the past year at the annual summary...

Transport Ministry Cancels New Lao Airlines Route to Houaphanh

The Ministry of Public Works and Transport has suspended the operations of a new Lao Airlines route to the Nongkhang Airport in Sam Neua,...

Asia, Pacific Unprepared to Face Climate-Induced Catastrophes, Warns New UN Study

Most countries in Asia and the Pacific are insufficiently prepared to face extreme weather events and natural disasters, which are growing in intensity and...

South Korea Employs Over 2,800 Lao Nationals as Part-time Workers

According to the Ministry of Labour and Social Welfare, more than 2,800 Lao nationals are currently working in South Korea on short-term contracts from...