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 Invites Neighboring Countries to the Trade Fair at That Luang Festival

Vientiane authorities have invited businesses from China, Thailand, and Vietnam to participate in the trade fair, taking place between 4-8 November during the That...

Laos Announces Criteria for Honorary Citizenship to Foreign Nationals

The government of Laos has issued the eligibility requirements for honorary citizenship and special privileges to foreign nationals. A recent decree No.14 issued by the...

Vientiane Province Starts Repair Work on Kasy to Vang Vieng Roads

The Department of Public Works and Transport in Vientiane province is currently repairing the roads between Kasy to Vang Veing, and they expect to...

Over a Million Tourists Visit Laos This Year

Laos has seen an increasing number of visitors traveling to the country ever since it removed its travel restrictions in May following the Covid-19...

Lao Central Bank Bans Money Exchangers From Selling Foreign Currencies

The Bank of the Lao PDR (BOL) has put out a notice preventing currency exchange units associated with commercial banks from selling foreign currency. The...

Govt. Green Lights Feasibility Study for Clean Energy Project

The government has recently approved the conducting of a feasibility study on clean energy development in three northern provinces by CGN Energy Technology (Laos)...