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Wednesday, October 15, 2025
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Economy

Lao Authorities Confirm International Economic Growth Forecasts in Newly Released Outlook

Lao officials have formally confirmed earlier international projections for the country's economic performance, forecasting GDP growth of around 4.0 percent by year-end.  The figures, published in the third-quarter “Lao PDR Economic Outlook Report,” reflect estimates from the Laos Statistics Information System (LSIS) and broadly align with outlooks previously issued by...

Lao President Calls for New Generation of Lao Diplomats on 80th Diplomacy Day

Lao President Thongloun Sisoulith has called for the rise of a new generation of...

ADB Lowers Laos’ 2025 Growth Forecast to 3.7 Percent Amid Economic Challenges

The Asian Development Bank (ADB) has lowered Laos’ 2025 GDP growth forecast from 3.9...

Laos-China Railway Transported Over 15 Million Passengers Since Early 2025

The Laos-China Railway (LCR) transported 15.48 million passengers from January through 8 October this...

Young Barista Crowned at First International Coffee, Tea Day in Luang Prabang, to Compete in South Korea

From 3 to 5 October, Luang Prabang hosted the International Coffee and Tea Day...

Laos Records Trade Deficit of USD 45 Million in October

Laos recorded a trade deficit of USD 45 million in October with imports and exports totaling USD 819 million. According to information from the Lao...

Buddhist Ceremony Held to Mark Laos-China Railway Inauguration

  A traditional Buddhist blessing ceremony was held yesterday to mark the opening of the Laos-China Railway and ensure its successful operation. The ceremony took place...

Laos-China Railway Confirms Passenger Fares

Passenger fares for trips on the upcoming Laos-China Railway have been confirmed by the Ministry of Public Works and Transport. The ministry issued a notice...

Korean Investment Sought in That Luang Lake Special Economic Zone

Korean investment in land development is expected to pour in following a deal between Chinese developers and a Korean real estate firm. Korean real estate...

Authorities to Discuss Methods for Addressing High Fuel Prices in Laos

Authorities in Laos have begun attempts to address high fuel prices faced by the country amid the volatile global market. The Ministry of Industry and...

Laos to Graduate from Least Developed Country Status

The United Nations General Assembly has adopted a resolution that will see the graduation of Laos from the least developed country category. Laos, along with...