Economy

Laos Formalizes Shanghai Cooperation Organization Dialogue Partner Status

Laos has strengthened its regional ties after formally confirming its status as a Dialogue Partner of the Shanghai Cooperation Organization (SCO), signing an agreement with the organization in Beijing on 10 July. The agreement puts into effect a decision made by SCO leaders during their summit in Tianjin, China, on...

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...

Laos Agricultural, Forestry Exports Top USD 1 Billion in First Half of 2026

Laos earned more than USD 1 billion from agriculture and forestry exports in the...

Laos, Thailand Promote Tourism Site in Champasack

Champasack province and the city of Ubon Ratchathani, Thailand organized activities to promote sports and tourism at the UNESCO World Heritage site of Vat...

Civil Servant Downsizing Efforts Likely to Fall Short, Predicts Minister

The government's goal of reducing the number of civil servants from 2.3 percent to 1.8 percent by the end of this year is unlikely...

Thailand’s 2023 GDP Growth Projection Increased Due to China’s Reopening

Kasikorn Research Center (K-Research) has upwardly revised its growth forecast for the Thai economy in 2023 to 3.7 percent, against the 3.2 percent projected...

Govt Allots LAK 190 Billion to Repair Roads, Manage Floods in Vientiane Capital

The Ministry of Public Works and Transport expects to spend more than LAK 190 billion (USD 11,256,569) to repair roads and manage flooding in...

China’s Economy Grew by Only 3% in 2022

China's gross domestic product (GDP) expanded by only 3% in 2022, one of its lowest annual outcomes in decades. The country's GDP hit 121.0207 yuan...

Laos Gears Up to Welcome Chinese Tourists

The Ministry of Information, Culture, and Tourism hosted a forum on Monday to discuss preparations underway for the arrival of Chinese tourists. The meeting, a...