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...

Laos Oil Refinery in Xieng Khouang to Begin Production Soon

Laos' new oil refinery in Xieng Khouang Province will begin processing crude oil in the coming months. The refinery, located in Pek District, Xieng Khouang Province,...

Vientiane’s Saysettha District to Rezone Roadside Shops and Restaurants

Authorities in Saysettha District of Vientiane Capital are to rezone stalls selling construction materials and roadside restaurants. Major roads in Saysettha District have experienced traffic...

Rice Prices Rise in Asia Amid Stockpiling, Conflict

Global events including lockdowns and conflict have pushed rice prices upward across Asia. Rice prices in Asia rose this week on account of several situations,...

Laos-China Railway Opens Luang Prabang Ticket Office

The Laos-China Railway has opened an official ticket sales office in Luang Prabang to better facilitate the purchase of tickets along major stops. The ticket...

Luang Prabang’s Reconstructed Island Ready for New Year Celebrations

A project to reconstruct the sacred Moung Khoun Island in Chomphet District, Luang Prabang, has been completed in time for Lao New Year celebrations. The...

Government of Laos May Move to Weekly Fuel Price Adjustments

The government of Laos may begin making fuel price adjustments every five to seven days, rather than every two weeks. KPL reports that Minister of...