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...

South Korea Continues to Strengthen Food Security in Laos

Ambassador of the Republic of Korea, Mr. Yung Soo Jung handed over a rice donation to the Minister of Labor and Social Welfare, Madame...

Bank of Laos Shuts Down 113 Currency Exchange Businesses

The Bank of the Lao PDR (BOL) issued a notice on Friday instructing 113 exchange businesses affiliated with commercial banks to suspend their operations....

Vientiane Capital Records 4.83% Economic Growth in 2022

The mayor of Vientiane Capital has reported an annual economic growth of 4.83%, with the gross domestic product of the city crossing LAK 62...

Beerlao Increases Prices for First Time This Year

Lao Brewery Company has issued a notice stating the need to adjust production costs for the first time in 2023. In a notice to consumers,...

Laos Sees a Trade Deficit of USD 23 Million in December

According to the Lao Trade Portal, the country recorded a trade deficit of USD 23 million in December, which is considerably lower than the...

Laos Sees More than 1,000 People Cross at Chinese Border

Laos has recorded over 1,000 people entering and exiting via the Boten International Border checkpoint in Luang Namtha Province since China authorized the reopening...