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...

Housing for Attapeu Flood Victims Still Unfinished

New homes for victims of the 2018 dam collapse in Attapeu Province have yet to be completed nearly four years after the disaster. KPL reports...

Lao New Year Ticket Turmoil on Laos-China Railway

An increase in travel ahead of the Lao New Year holiday has caused mayhem at ticketing offices along the Laos-China Railway. Lengthy queues formed at...

Uncontrollable Inflation Reaches 8 Percent in Laos

Laos' year-on-year inflation rate increased to 8.5 percent in March, the highest recorded in some years. According to information provided by the Bank of Laos,...

Railway Extension between Laos and Thailand to be Complete by June

An extension of the Laos-Thailand Railway between Thanaleng Station and inner Vientiane is expected to be complete by June this year. An update on the...

MRC Secretariat Chief Calls for Urgent Action in First Mekong Day Address

Mekong River Commission Secretariat CEO Dr. Anoulak Kittikhoun sounded the alarm about the unprecedented challenge now facing the river on "Mekong Day." In his speech...

Government of Laos Consults with Private Sector on Fuel Pricing

The Lao Ministry of Industry and Commerce and the Ministry of Finance held a meeting yesterday with members of the private sector to discuss...