Economy

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 inflation present challenges, according to a global financial institution. In its latest outlook released on 9 July, the Asian Development Bank (ADB) forecast that Laos’ economic growth will ease this year while inflation surges, driven largely...

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...

Champasak Signs Deal for New 5-MW Solar Power Project

Authorities in Champasak signed a concession agreement on 3 July with a private company...

Laos Inflation Rate Shoots up to 38.46 Percent in November

Laos saw an increase in inflation once again in November at 38.46 percent, according to the latest report from the Lao Statistics Bureau (LSB). November's...

Govt. Repairs Streetlights Across Vientiane Capital

Electricite du Laos fixed numerous streetlights in Vientiane Capital last week, to celebrate the 47th Lao National Day and the 102nd birth anniversary of...

Laos-China Railway Unveils Ticket Reservation App on First Anniversary

The Laos-China Railway has officially unveiled a ticket reservation mobile application on the first anniversary of the launch of the historic railway. The railway...

Ministry of Public Security to Develop E-Border Pass for Over USD 18 Million

With an investment of over USD 18 million, the Ministry of Public Security and a private printing company have signed a memorandum of understanding...

BCEL Allows Customers to Receive Remittance Via MoneyGram

Banque Pour Le Commerce Exterieur Lao Public (BCEL) has announced that customers will now be able to receive international bank transfers directly into their...

Football Fans Disappointed as FIFA Cuts Laosat World Cup Broadcasts

The satellite company issued a statement on Tuesday canceling broadcasts of the FIFA World Cup 2022 and apologizing to Lao football fans for screening...