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 Parking Ticket Causes Confusion

Motorists and taxi drivers have expressed their confusion over the Laos-China Railway Company's new parking ticket policy, which sees drivers charged for simply picking...

Laos Ranks 4th in the List of ASEAN Countries with Most Civil Servants

The Minister of Home Affairs has announced that civil servants in Laos comprise of 2.4% of the country's population and compared to ASEAN member...

A Steady Increase in Trade Turnover for Laos and Vietnam in 2022

A 27% increase has been reported from the same period last year, in the first eight months of 2022.  Laos's main export sources are electricity,...

Laos Ranks 111th in the World by Digital Quality of Life

The fourth annual edition of the Digital Quality of Life Index (DQL) reports that Laos is the 7th worst country to live in regarding...

Identity Proof Mandatory to Book Train Tickets, says Laos-China Railway

Laos-China Railway Company has issued a notice reminding passengers to bring proof of identification when purchasing tickets at any railway station. This will be...

Laos’ Financial Crisis Can Be an Opportunity for Reform

Country’s previous growth trajectory was not sustainable, writes Kanni Wignaraja, U.N. assistant secretary general and director of the U.N. Development Program’s Asia and the...