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...

Families in Laos Face New Economic Challenges as Impact of Covid-19 Recedes

While the negative impacts of Covid-19 appear to be receding, households in Laos are facing new economic challenges, according to the World Bank. Results from...

Laos Sees Trade Deficit of USD 133 Million in June

Laos posted a trade deficit of 133 million US dollars in June as the balance of imports and exports trended downward. According to the most...

Motorists Fed up with Broken Traffic Lights in Vientiane Capital

Motorists in Vientiane Capital have reported broken or malfunctioning traffic lights throughout the city's main districts. Some sets of traffic lights in Vientiane Capital have...

Cambodia Launches “My Second Home” Program to Encourage Foreign Investment

Cambodia has launched a program to encourage foreign investment that offers a ten-year visa and other benefits to those who invest in the country. Khmer...

MRC: Maximize Advantages and Minimize Impact of Hydropower Projects

The Mekong River Commission (MRC) has urged the six countries along the Mekong River to maximize the advantages of hydropower projects while minimizing their...

Laos Inflation Reaches 22-year High at 23.6 Percent

Year-on-year inflation in Laos increased to 23.6 percent in June, according to the latest statistics from the Lao Statistics Bureau. Vientiane Times reports that the...