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...

Paths to Recovery in Laos: Restore Economic Stability, Increase Inclusion, and Strengthen Resilience

Critical near-term challenges for Laos include restoring macroeconomic stability, improving economic inclusion, and protecting its people against environmental and economic shocks, according to a...

National Treasury and ICBC Cooperate in Tax Payment System

The National Treasury and the Industrial and Commercial Bank of China (ICBC) have begun cooperation in systems for payment of taxation into the state...

Interview with Israeli Ambassador to Laos, Mr. Nadav Eshcar

As Nadav Eshcar, Israeli Ambassador to Laos and Vietnam, concludes his five-year diplomatic mission in the region, he speaks with the Laotian Times to...

Geothermal Power to Generate Over USD 600 Million Annually for Laos

Laos will generate over USD 600 million each year from selling geothermal power to Vietnam.  The Lao Development and Investment Co., Ltd. (LDIC), the Canadian...

Australia Supports Laos in Improving Transport and Trade Connectivity

The Australian Government is supporting the Government of Laos in improving transport connectivity, cross-border trade, and logistics along an east-west corridor in northern Laos. A...

Laos to Bolster Sustainable Trade, Diversify Value Chains Under ARISE Plus Project

Representatives and stakeholders from the industry and commerce sector and the European Union came together to discuss sustainable trade solutions at the ARISE Plus...