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 Rethinks Savannakhet to Lao Bao Railway Project

The Lao government has consented to a feasibility study for the construction of a 220 km railway route from Savannakhet province to Lao Bao,...

Laos National Identity Card System Down Due to Database Error

A system error has brought down the national identity card database in Laos, leaving residents unable to receive ID cards. The Department of Census Management...

Vientiane Capital to See No Poor Districts This Year, Says Official

The capital is expected to be officially recognized as a poverty-free city by the end of this year. Mr. Anouphab Tounalom, Secretary of the Party...

Laos-China Railway Revises its Parking Fees at Vientiane Station

After a public uproar regarding the charges levied on vehicles when picking or dropping off passengers, Boten Frontier Services Limited has decided to waive...

Laos to Invest Over USD 2 Billion in Wind Power Project

The Lao government and relevant energy companies are expected to shell out over USD 2 billion for the construction of a wind power project...

Laos to Allow Yuan for Cross-border Transactions

Bank of Laos and the People's Bank of China have signed a memorandum of understanding regarding future payments in Yuan. Bank of Laos has issued...