Economy

Bear Paws, Pangolin Meat Seized in Vientiane Restaurant Raid Amid Laos’ Wider Crackdown

Lao authorities have stepped up their crackdown on illegal wildlife trade after raiding a Chinese-owned restaurant in central Vientiane, one of several wildlife enforcement operations carried out this year. On 18 May, officers from the Law Enforcement Network for Aquatic Animals, Wildlife and Forestry (LAO-WEN) inspected a restaurant in Chommany...

Laos Formalizes Shanghai Cooperation Organization Dialogue Partner Status

Laos has strengthened its regional ties after formally confirming its status as a Dialogue...

Global Financial Bodies Warns of Slower Growth, Higher Inflation for Laos in 2026

Laos' economy is expected to continue expanding this year, even as slower growth and...

Railway Expansion, Education Reform Among Key Issues at National Assembly

Expanding the railway to southern Laos, rolling out a new school system, reducing poverty,...

Laos Collects USD 12 Million in Digital Taxes From Global Tech Companies

Laos has collected approximately USD 12 million in digital taxes from global technology companies...

Inflation Rate in Laos Continues to Soar in February at 41.3%

Inflation in Laos increased to 41.3% in February, according to information from the Lao Statistics Bureau (LSB). This is slightly higher than January's inflation...

Laos Secures Financial Deal on Region’s Largest Wind Farm

A developer alongside a regional bank has signed an agreement to fund USD 692 million for the 600MW "Monsoon Wind Power Project," Southeast Asia's...

Over 50% Of the World to Be Overweight or Obese by 2035

The World Obesity Foundation (OBF) has issued a report, stating that more than half of the world’s population will be overweight or obese by...

World Bank Launches Group Partnership Framework in Laos

The World Bank Group on Thursday presented its new Country Partnership Framework for 2023-26 to support Laos in its efforts to stabilize the economy,...

Swiss Food Conglomerate Nestle Halts Operations In Myanmar

The Swiss food company Nestle has decided to halt all production in Myanmar’s commercial capital, Yangon, a spokesperson from the company said. Citing that “to...

Japan Donates 52 New Public Buses Worth USD 3.7 Million to Laos

Road safety and air quality in Vientiane Capital are set to benefit from better public transport options with the contribution of new and improved...