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...

Govt Vows to Get a Grip on Public Debt

A two-day cabinet meeting was held last week where the government promised to tackle concerns about the increasing public debt of the country which...

iPhone 14 Lineup Available in Laos by Mercantile

Mercantile Pacific will offer the most advanced pro lineup ever with iPhone 14 Pro and iPhone 14 Pro Max, featuring the first 48MP camera...

Laos Discusses Learning Solutions at UN Summit in New York

A delegation from the Ministry of Education and Sports, accompanied by UNICEF Laos, has concluded its mission to New York for the global Transforming...

Laos Economic Growth Rating Lowered by ADB

The Asian Development Bank (ADB) reduced the economic growth recovery predictions for Laos due to supply disruptions and rising commodity prices that have increased...

Economic Corridor to Boost Regional Trade and Growth Through Laos

The Ministry of Public Works and Transport on Wednesday launched an initiative to improve transport, connectivity, climate resilience, and east-west regional trade across the...

Laos, Thailand and China to Construct New Railway Bridge for Freight

Thailand has been transporting more cargo to China by rail since the opening of the Laos-China railway. The shorter time required to carry products...