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...

Govt. to Stop Accepting New Iron Ore Extraction Projects

Due to the dip in prices worldwide, the government won't be signing off on new proposals for the survey, extraction, and export of iron...

Laos Labor Ministry Reports Employment Rate of Over 97 Percent

The Minister of Labor and Social Welfare provided information on the labor market in the recent National Assembly session on Friday, revealing that 2.4...

Laos Sees a Trade Deficit of USD 230 Million in October

Laos recorded a trade deficit of USD 230 million in October, according to the latest information from the Lao Trade Portal. The trade deficit has...

National Assembly Debates Social Security Card Use

A National Assembly constituent has proposed that the country's social security scheme allow members receive treatment at any hospital in the country, rather than...

Bank of Laos Launches New 50,000, 100,000 Kip Banknotes

Bank of the Lao PDR announced today that it is to begin issuing new versions of the LAK 50,000 and LAK 100,000 notes. Bank of Lao PDR...

Lao Scholars Ready for Study Success in Australia

Yesterday Australia’s Ambassador to Laos, Mr. Paul Kelly, and the Deputy Minister for Education and Sports, Dr. Sisouk Vongvichit, farewelled 32 Lao Australia Awards...