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...

Nam Ngum 4 Hydropower Project 90% Complete

The Nam Ngum 4 Hydropower Project in Xieng Khouang province is now 90% complete, valued at over USD 760 million.  KPL reports that Xieng Khouang,...

National Assembly Passes Resolution On Fuel Price Stabilization Measures

The National Assembly of Laos has passed a resolution to reduce the excise tax on fuels in order to attempt to avert a fuel...

Covid and Conflict Complicate Fruit Supply Across Southeast Asia

China’s zero-Covid policy for imports has disrupted the Thai exportation of durian crops, while coffee farmers in Vietnam have resorted to growing avocados and...

Laos to Seek Oil From Russia

A notice issued by the Prime Minister's Office yesterday directed relevant ministries to seek cheap oil from Russia. The notice was in response to proposals...

Inflation Reaches 9.9 Percent in Laos

Year-on-year inflation in Laos increased to 9.9 percent in April, according to the latest statistics from the Lao Statistics Bureau. Inflation jumped from 6.25 percent...

Government of Laos calls on Society to Save Petrol

The Government of Laos has called on society to try to save petrol as much as possible amid a growing fuel crisis in the...