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-China Railway Installs Timer to Charge Parking Fees at Vientiane Station

Laos-China Railway has installed a timer to calculate the parking fee of vehicles entering and leaving the Vientiane railway station. After the announcement of overnight...

Lao Economy Suffers Setback from a Weakening Kip

According to a report by the Asian Development Bank (ADB), the Kip's value depreciated by 37.4 percent against the US dollar and 32.9 percent...

Donations Come in for Flood-Affected Residents in Attapeu

The public and various organizations have sent relief support to Attapeu province for people who lost their houses and belongings in the flood caused...

Lao Garment Association Plans to Boost Local Production and Sales

The Association of the Lao Garment Industry (ALGI) hopes that soon every village will have at least one shop stocked with clothes produced locally....

Laos-China Railway Upgrades its Train Ticket

The Laos-China railway has modified its train ticket design so that relevant information is listed in a more streamlined manner. Since its inception last year,...

Ministry of Energy and Mines Suspends Foreign Mining Company

Ministry of Energy has issued a notice suspending the operations of a foreign mining company in Oudomxay due to recurring safety issues. The notice states...