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...

Vang Vieng Criticized for Unscrupulous Price Gouging

A sudden influx of international visitors to the tourist town of Vang Vieng has seen food and accommodation prices skyrocket, with many calling for...

Laos to Produce More Fertilizer and Animal Feed Amid Supply Chain Turmoil

The government of Laos is urging private companies to invest in the manufacturing of fertilizer and animal feed in response to global supply chain...

Laos Passport Office Admits Delays, Denies Corruption Claims

Residents in Laos have complained of long queues while lodging passport applications, as well as widespread corruption involving brokers. The Consular Department, under the Ministry...

Northeast Thailand Feels the Pinch Amid Slow Return of Shoppers from Laos

Businesses in northeastern Thailand have noted that cross-border trade has been slow to recover following the reopening of borders with Laos, with improved domestic...

Nam Theun 1 Power Company Issues Statement on Leak Rumors

The Nam Theun 1 Power Company has issued a statement in response to concerns by residents in Laos regarding seepage near the dam wall. Photographs...

MEM and the Carbon Trust Promote Energy Efficiency As Campaign in Laos

The Ministry of Energy and Mines (MEM) and the Carbon Trust, an international climate consultancy, have joined forces to raise awareness of energy efficiency...