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 Hits New High of 36.75 Percent in October

Laos has beaten its own record again with inflation reaching 36.75 percent in October according to the latest report from the Lao Statistics Bureau...

Government Expresses Concern Over Rapid Urban Development

The government has utilized international funding of around USD 300 million to support systematic urban planning and development for the last 15 years. Minister of...

Laos Collaborates with South Korea to Produce Biofuel

The Lao government is keen on starting such a venture to reduce its dependency on imported fuels. Laos has embarked on a 12-year biofuel production...

Laos’ Agricultural Produce Generates USD 522 Million Revenue in First Half of 2022

Laos exported three main agricultural products worth USD 522 million until June 2022. A report from the Lao Trade Portal states that agricultural...

A New Station Added to Laos-China Railway Freight Operations

All seven freight stations by Laos-China Railway are now operational after the official opening of the final freight station in Xay District, Oudomxay Province...

UNFPA Provides Dignity Kits to Lao Youth Union For Emergency Response

Last week, the United Nations Population Fund (UNFPA) handed over 486 sets of Dignity kits to the Lao Youth Union to prepare them for...