Economy

Champasak Signs Deal for New 5-MW Solar Power Project

Authorities in Champasak signed a concession agreement on 3 July with a private company to develop a 5-megawatt (MW) solar power project in Pathoumphone district. The project forms part of Laos' efforts to expand renewable energy, improve electricity supply in rural areas, and strengthen the national power grid. Xaysomboun Chaloensub Road-Bridge...

Myanmar’s Leader Wraps First ASEAN Visit in Laos, Signs Mekong Dam Study

Myanmar's recently elected President, Min Aung Hlaing, who seized power in the 2021 military...

Vietnam, Philippines Reach Upper-Middle-Income Status as Laos Eyes 2035 Target

Vietnam and the Philippines have been reclassified as upper-middle-income economies by the World Bank,...

Former EDL Executives, Senior Officials Get Life in Landmark Laos Corruption Cases

On 1 July, the Vientiane Capital People’s Court announced verdicts in four major corruption...

Vientiane Completes New 9.3-Kilometer Mekong Embankment

On 1 July, Vientiane officially opened a new 9.3-kilometer stretch of Mekong riverfront featuring...

Thailand Eases Oil Export Controls to Laos, Maintains Restrictions on Cambodia Shipments

Thailand has announced a relaxation of oil export controls at the Chong Mek border crossing in Ubon Ratchathani, effective 27 February. The move aims to...

Midwife from Remote Laos Village Bridges Gap in Maternal Health

UNFPA Laos - The road often disappears during the rainy season in Nongmek village, Paksong district, Champasak.  The first four kilometres remain unpaved. Heavy rain...

Laos Inflation Climbs to 6.2 Percent in February 2026, Driven by Housing, Energy Costs

Laos’ inflation rate rose to 6.2 percent in February 2026, up from 5.1 percent in the previous month, indicating renewed price pressures after a...

Golden Triangle SEZ Tax Revenue Plunges 49% in 2025 as Hundreds of Businesses Shut Down

Tax revenue in the Golden Triangle Special Economic Zone (SEZ) in Bokeo Province dropped nearly 49 percent in 2025, following the closure of 551...

Laos, The Asia Foundation Team Up to Protect Nature, People

The Asia Foundation - On 23 February, the Department of Environment under Laos’ Ministry of Agriculture and Environment, signed a partnership agreement with The...

Laos Prioritizes Self-Reliant Economy in Next Five Years

The Lao government has planned to build a self-reliant and sustainable economy, leaders said Prime Minister Sonexay Siphandone at the latest government meeting on...