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...

Vegetables Get More Expensive in Laos After New Year Celebration

Vegetable prices in Laos have increased following Lao New Year celebrations primarily due to the country’s soaring inflation rate. Lao Economic Daily reports that some...

Asia Poised to Drive Global Economic Growth, Boosted by China’s Reopening

According to the International Monetary Fund (IMF), China and India together are forecast to generate about half of global growth this year. Asia and the...

Thai Workers Protest in Demand of Higher Wages

Labor and Human rights advocates in Thailand gathered in front of the Government House earlier this week to protest for an increase in the...

Pardon Frees More Than 2,100 Myanmar Political Prisoners

BANGKOK (AP) — Myanmar’s ruling military council on Wednesday said it was releasing more than 2,100 political prisoners as a humanitarian gesture. Thousands more...

BeerLao Announces New Price Hikes Effective From May

Lao Brewery Company has issued a notice informing customers about an increase in prices for some of their products, starting this month. In a...

Australian Global Firm AgCo Tech Sets Foot In Luang Prabang With New Factory

Agcotech Global, a prominent producer of animal feed and nutrition solutions, held a grand opening ceremony on 27 April 2023, for their new Methane...