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...

Thailand to Legalize Undocumented Workers from Neighboring Countries

Thailand has said it hopes to legalize undocumented migrants to meet an increased demand for foreign labor. Bangkok Post reports that If the plan is...

New Economic Corridor to Boost Regional Trade through Laos

The World Bank's Board of Executive Directors has authorized a USD 132 million project to boost climate-resilient transport connections and regional commerce along an...

Khammouane Fuel Chief Urges Residents to Reduce Travel

A top executive at the Khammouane Branch of the Lao State Fuel Enterprise has called on residents to conserve fuel and give priority to...

Farmers in Laos Make Desperate Plea for Assistance Amid Fuel Crisis

Lao farmers are in desperate need of fuel and are pleading for an urgent solution to the ongoing fuel crisis. The Lao Farmers Network made...

Laos Sees Trade Deficit of USD 102 Million in April

Laos posted a trade deficit of 102 million US dollars in April, the first trade shortfall in 2022 following three months of trade surplus. According...

Laos Economy Short-changed by Foreign Currency Outflows

Foreign currency outflows have outpaced inflows, resulting in a lack of foreign currency, and making it harder for the economy to import commodities. Vientiane Times...