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...

Lao Start Up Fest to be Hosted in December

The 3rd edition of Lao Startup Fest 2022 will be held between 16-18 December, with the aim of improving the development of micro-, small-...

Laos-China Railway to Develop Cross-Border Transportation to China

Laos-China Railway plans to improve the transportation of goods by railway across the border and create opportunities for companies to export their products. Mr....

IMF Predicts Lao Economy to Grow Only 2.2 Percent This Year

According to The International Monetary Fund (IMF), Laos is estimated to grow only 2.2 percent this year, the growth rate will increase to 3.1...

Laos to Get Support From Vietnam Post in Digital Transformation

Lao Post Cooperation will receive assistance from its Vietnam counterpart in digital transformation and the use of digital platforms in postal services, the General...

Bank of the Lao PDR Issues New Banknotes for Circulation

Bank of the Lao PDR (BOL) has announced the release of two new banknotes to increase the quality of currency being printed and prevent...

United States and Laos Hold 10th Comprehensive Bilateral Dialogue

The United States and Laos held their 10th Comprehensive Bilateral Dialogue on October 14, in Vientiane, where the two sides discussed their continued cooperation...