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...

Deputy PM Wants Increased Focus on the Rights of Adolescent Girls

The Deputy Prime Minister called for relevant departments to increase their focus on advancing the rights of adolescent girls at a recent meeting. Deputy Prime...

South Korean Company Authorized to Build Multi-Billion Dollar Resort

Laos has signed an agreement with a South Korean company giving it a concession for the use of a 1,200-hectare plot of land to...

Lao Children Raise their Voice for Climate Justice

From 6-18 November, world leaders have gathered in Sharm El-Sheikh, Egypt, for the 2022 United Nations Climate Change Conference or COP27. This edition marks...

American Secret War Veteran Works Toward a Better Future for Laos

Col. Mike Burton makes his first visit back to Laos nearly 50 years after he was deployed to serve in the American Secret War,...

Laos Likely to Benefit from Thailand’s Energy Shortage

Thailand is suffering from an acute energy crisis at the moment and the Energy Ministry of the country plans on closing pubs, petrol pumps,...

Housing for Attapeu Dam Collapse Victims Now 99 Percent Complete

Authorities in Laos ​say construction of housing for victims of the 2018 Attapeu Dam Collapse Disaster is now 99 percent complete, four years after...