Economy

African Swine Fever Disrupts Pork Supplies, Beef Prices Rise in Vientiane

The pork shortage is putting pressure on Vientiane’s meat markets as African swine fever (ASF) spreads across Laos and authorities restrict the movement of pigs and pork. State media have confirmed outbreaks in two districts and three villages in Vientiane Capital, including Sangthong district, where 115 pigs died across two...

Corruption Crackdown in Laos’s Attapeu Province Uncovers Millions in Financial Irregularities

Attapeu authorities have detailed five years of corruption investigations and financial irregularities, including a...

Lao Migrant Workers Send Home USD 500 Million in First Seven Months of 2026

Lao migrant workers sent an estimated USD 500.7 million back to Laos during the...

Vietnam Emerges as Laos’ Second-Largest Foreign Investor with USD 8 Billion in Projects

Vietnam has become Laos's second-largest foreign investor, with more than 400 projects worth a...

Laos, China Launch Digital Payment Link For Cross-Border Transactions

Laos and China have launched a new digital payment link that allows Chinese visitors...

ASEAN+3 Publishes Regional Economic Outlook for 2022 

Risks abound, but growth is expected to normalize in the region as COVID recedes. On 12 April, the ASEAN+3 Macroeconomic Research Office (AMRO) published its...

Ministry of Foreign Affairs to Streamline Passport Applications

The Ministry of Foreign Affairs (MOFA) plans to process more passport applications to reduce the long queue of people waiting to travel abroad. The Consular...

Laos Finance Minister Guarantees Three-month Fuel Supply

Lao Minister of Finance, Mr. Bounchom Oubonpaseuth, has guaranteed fuel supplies will be sufficient for motorists across Laos for the next three months. He made...

Bank of the Lao PDR Considers Measures to Combat Exchange Issues

The central bank of the Lao PDR is considering measures to address money-related problems including Kip depreciation and rising inflation. According to the Lao News Agency...

Bank of the Lao PDR to Issue 5 Trillion in Saving Bonds 

The central bank of Laos PDR will issue LAK 5 trillion in savings bonds to individuals and legal entities residing in the Lao PDR,...

Laos Needs Improved Hydropower Safety Legislation: Energy Minister

Lao Minister of Energy and Mines, Mr. Daovong Phonekeo, says enacting a specific law to ensure dam safety is a vital part of the country's...