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...

Thailand to Purchase for More Electricity from Laos this Year

Thailand is to purchase more electricity from Laos this year in order to ensure sufficient supply and meet rising demand. The Kingdom is to increase...

Laos and China Sign New Electricity Agreement

China Southern Power Grid (CSG) signed an electricity agreement with Electricite du Laos (EDL) on Wednesday in a move to set up a shared...

Laos Eyes USD 1.55 Billion Trade Surplus for 2022

The Lao government is hoping for a trade surplus of at least USD 1.55 billion in 2022, despite the economic challenges caused by the...

Laos-China Railway Tests Multiple-Unit Train Control

Laos-China Railway has completed testing of multiple-unit train control, combining two EMU trains. The Laos-China Railway Company (LCRC) announced that it had successfully tested multiple-unit...

Laos to Increase Fuel Prices Amid Global Disruption

Authorities are to increase fuel prices yet again tomorrow as the conflict in Ukraine pushes prices upward. The price of fuels will be increased across...

Vientiane Capital Begins Second Phase of Flood Protection Project

The government of Laos has begun construction of the second phase of a flood protection project in Vientiane Capital this month. An opening ceremony for...