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Sunday, December 7, 2025
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Economy

Laos to Establish Ore Inspection Offices to Boost State Revenue

The Lao government has signed an agreement to establish ore inspection offices at seven key border checkpoints, aiming to strengthen quality control of mineral exports, increase state revenue, and curb losses from smuggling and fraud. The Ministry of Finance (MOF) signed the agreement with Lao Standard Control Ltd. on 3...

Japan Backs Southern Laos Hospital Upgrades as Public Voices Mixed Reactions

Japan has funded JPY 2,865 million (approximately USD 18 million) to support the improvement...

Laos-China Railway Marks Fourth Anniversary with Record Growth

The Laos-China Railway (LCR) marked four years of operation on 3 December, highlighting its...

Lao Railways Launches First Cross-Border Freight Service Using Its Own Rolling Stock

On 2 December, Lao National Railways introduced a new freight operation linking Thanaleng Station...

Laos, Thailand Prepare for Launch of 5th Friendship Bridge in Late December

Laos and Thailand are gearing up for the official launch of the 5th Thai–Lao...

Inflation in Laos Soars to 4.8 Percent in November

Laos’ inflation rate rose to 4.8 percent in November, up from 4.3 percent in October, driven mainly by higher costs for electricity, water, health...

Laos Launches Training Center to Boost Mining, Energy Skills

On 18 November, Laos inaugurated the Lancang-Mekong Training Center and launched a specialized training program designed to address the country’s shortage of skilled workers...

International Monetary Fund Says Lao Economy to Grow by 4.5 Percent in 2026

The International Monetary Fund (IMF) has projected that Laos’ economy will expand by 4.5 percent in 2026, supported by stronger exports, rising tourism, foreign...

Laos Intensifies Efforts to Boost Investment from China’s Yunnan Province

Laos is intensifying efforts to attract investment from China’s Yunnan province as the two nations work to strengthen trade, transport links, and broader economic...

Lao Central Bank Cuts Base Interest Rate to Support Economic Growth

The Bank of the Lao PDR (BOL) announced on 20 November that it is reducing the 7-day base interest rate from 9% to 8.5%...

ADB Approves USD 36 Million to Boost Skills, Employment for Lao Youth

The Asian Development Bank (ADB) has approved a USD 36 million financing package to strengthen technical and vocational education and training (TVET) in Laos,...