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...

Locals Face Major Fuel Shortage in Luang Namtha

A major fuel shortage in Luang Namtha District yesterday saw just one petrol pump open as residents flocked to fill up. Residents of Luang Namtha...

Overview of Laos’ Economy in 2021 and Forecast for 2022

The Lao National Socio-Economic Research Institute has released a report on the state of the economy in Laos for 2021, as well as predicted...

BCEL Withholds 2021 Dividends

The Banque Pour Le Commerce Exterieur Lao Public (BCEL) has announced that 2021 dividends will not be paid out to shareholders. According to a recent...

Laos’ Surging Inflation a Cause for Concern

Residents in Laos have begun to voice concerns about the impact of rapidly rising inflation on the cost of living. Inflation in Laos is set...

Laos-China Railway Warns Against Trespassing and Climbing Barriers

The Laos-China Railway Company is warning people who trespass or illegally climb over barriers that their actions could be deadly. Residents were caught by railway...

Laos Issues New Legislation Authorizing Natural Timber Product Exports

The Lao government has issued new legislation authorizing the export of natural wood products. The new regulation is aimed at boosting production and wood processing,...