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-Thailand Trade Crosses USD 5 Billion for First Eight Months of 2022

Until August 2022, bilateral trade between Laos and Thailand generated more than USD 5.3 billion. In comparison to the same period in 2021, bilateral trade...

Thailand Eyes for Tourists from China via Laos-China Railway Next Year

Thailand expects it will benefit from the spillover tourism from the Laos-China Railway when China fully opens its borders in 2023. The Thaiger reports that...

US Ambassador Donates to Conserve Ancient Wall Paintings in Savannakhet

The US Ambassador to Laos, Mr. Peter Haymond has donated almost USD 50,000 to preserve wall paintings in three ancient temples in Savannakhet. The...

Lao, Thai PM Want More Bridges to Connect their Countries

Lao Prime Minister, Phankham Viphavanh and his Thai counterpart, Prayut Chan-o-cha agree that more bridges are required to link their respective countries across the...

Advisory Board of the CEGGA Program Endorses its Achievements

On 28 October 2022, the Advisory Board of Team Europe’s good governance program “Citizen Engagement for Good Governance, Accountability and the Rule of Law”...

Govt to Double its Efforts to Tackle Economic Crisis and Drug Trafficking

Government agencies have been urged to double their efforts in addressing the two national agendas that look at tackling the ongoing economic crisis and...