Economy

African Swine Fever Disrupts Pork Supplies, Beef Prices Rise in Vientiane

The pork shortage is putting pressure on Vientiane’s meat markets as African swine fever (ASF) spreads across Laos and authorities restrict the movement of pigs and pork. State media have confirmed outbreaks in two districts and three villages in Vientiane Capital, including Sangthong district, where 115 pigs died across two...

Corruption Crackdown in Laos’s Attapeu Province Uncovers Millions in Financial Irregularities

Attapeu authorities have detailed five years of corruption investigations and financial irregularities, including a...

Lao Migrant Workers Send Home USD 500 Million in First Seven Months of 2026

Lao migrant workers sent an estimated USD 500.7 million back to Laos during the...

Vietnam Emerges as Laos’ Second-Largest Foreign Investor with USD 8 Billion in Projects

Vietnam has become Laos's second-largest foreign investor, with more than 400 projects worth a...

Laos, China Launch Digital Payment Link For Cross-Border Transactions

Laos and China have launched a new digital payment link that allows Chinese visitors...

Laos Inflation Rate Hits an All-Time High of 30 Percent

Year-on-year inflation in Laos increased to 30 percent in August, according to the latest numbers from the Lao Statistics Bureau. The inflation rate for August...

Khammouane Expects to Repay LAK 478 Billion Debt in 10 Years

Authorities in Khammouane province are planning to repay debts of over LAK 478 billion from 53 development projects, over the next 10 years. Vientiane...

Top Credit Rating Agency Plans to Withdraw its Rating for Laos

Fitch recently announced that it plans on withdrawing its rating for Laos by the end of September.  No further clarification was offered by the American...

Flooding Wrecks 90% of the Agricultural Land in Oudomxay

Tropical storm MA-ON has severely damaged 90 percent of agricultural lands and irrigation systems in some districts of Oudomxay Province. Mr. Phimmasane Khonsilivong, head of...

Thai Court Shoots Down 10-year-old Case Against Laos’s Xayaburi Dam

A senior court in Thailand has thrown out a lengthy case by activists against the Xayaburi Dam in Laos. The Supreme Administrative Court of Thailand...

Nam Ngum 1 Dam Begins Operating New Extension

The expansion of the hydropower station in Nam Ngum 1 dam was officially launched on Saturday with assistance from the Japanese government.  The existing dam...