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...

Government of Laos Agrees to Raise Minimum Wage

The Government of Laos has agreed to a minimum wage increase amid a rising cost of living and rampant inflation. The decision was reached among...

USD 210 Million Spent on Poverty Reduction in Laos Since 2003

Laos has received USD 210 million in poverty reduction funding from international organizations over the last eighteen years.  Mr. Phatnakhone Kanthamixay, Director of the Poverty...

Bolikhamxay Officials Clarify Viral Logging Truck Image

An image of a truck transporting timber that rolled over in Bolikhamxay Province went viral this week, drawing criticism from social media users who...

Golden Triangle Special Economic Zone Celebrates 15th Anniversary

The Golden Triangle Special Economic Zone celebrated its 15th anniversary this month amid much fanfare and media coverage domestically. The Zone, located along the Mekong...

Vientiane Authorities Crack Down on Illegal Currency Exchange Operators 

Authorities in Vientiane Capital are struggling to control unlicensed currency exchange businesses amid a widening gap between official and market exchange rates. Rising inflation and...

Construction Begins on China-funded Educational Facility in Vientiane Capital

Construction of a new facility funded by China at the Laos Institute of Posts and Telecommunications in Vientiane Capital has begun. Lao Minister of Technology...