Economy

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 (ASF) spreads across Laos and authorities restrict the movement of pigs and pork. State media have confirmed outbreaks in two districts and three villages in Vientiane Capital, including Sangthong district, where 115 pigs died across two...

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, China Launch Digital Payment Link For Cross-Border Transactions

Laos and China have launched a new digital payment link that allows Chinese visitors...

Laos-China Railway Sets Record With 10,000 Travelers in One Day

The Laos-China Railway made a new record when 10,000 passengers availed of its services on Saturday, marking the highest passenger transport record since the...

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...