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...

Laos State Fuel Company to Purchase Fuel from Xieng Khouang Refinery

As fuel shortages worsen, the Lao State Fuel Enterprise has signed a purchase agreement with an oil refinery in Xieng Khouang. Mr. Sisangkhom Khotyotha, Director...

Laos Chamber of Commerce Proposes Strategies to Stabilize Currency

The Lao National Chamber of Commerce and Industry has proposed a number of strategies for stabilizing the currency and ending the ongoing fuel crisis...

“Fuel Tourism” as Laotians Cross into Thailand to Fill Up

A new type of tourism has emerged as a burgeoning fuel crisis sweeps across Laos, with Laotians crossing into Thailand to fill up their...

Government of Laos Seeks Way Out of Fuel Crisis

The Government of Laos is seeking solutions to the fuel crisis, including finding ways to access the foreign currency desperately needed to bail out...

Vientiane Province Closes Tourist Sites Around Nam Ngum Reservoir

Tourism sites around the Nam Ngum Reservoir will be closed to visitors for 18 months due to a development project in Keooudom District, Vientiane...

Laos Fuel Crisis Nears Breaking Point as Vientiane Capital Runs Dry

Motorists in the nation's capital queued for hours yesterday in the hope of filling up their tanks before pumps ran dry. Provinces across the country...