Economy

African Swine Fever Disrupts Pork Supplies, Beef Prices Rise in Vientiane

The pork shortage is putting pressure on Vientiane’s meat markets as African swine fever (ASF) spreads across Laos and authorities restrict the movement of pigs and pork. State media have confirmed outbreaks in two districts and three villages in Vientiane Capital, including Sangthong district, where 115 pigs died across two...

Corruption Crackdown in Laos’s Attapeu Province Uncovers Millions in Financial Irregularities

Attapeu authorities have detailed five years of corruption investigations and financial irregularities, including a...

Lao Migrant Workers Send Home USD 500 Million in First Seven Months of 2026

Lao migrant workers sent an estimated USD 500.7 million back to Laos during the...

Vietnam Emerges as Laos’ Second-Largest Foreign Investor with USD 8 Billion in Projects

Vietnam has become Laos's second-largest foreign investor, with more than 400 projects worth a...

Laos, China Launch Digital Payment Link For Cross-Border Transactions

Laos and China have launched a new digital payment link that allows Chinese visitors...

Ariana Invests in Laos Gold and Copper Exploration with Asgard Metals

Ariana Resources, via its wholly-owned Asgard Metals Fund, is to take an interest in Annamite Resources Holdings Pte Ltd, a Singapore-based company with copper and...

Government of Laos Vows to Tackle Currency and Fuel Prices in May

The Government of Laos has outlined currency depreciation and high fuel costs as the two most urgent issues it will tackle this month. Government Spokesperson...

World Bank Country Director for Laos Meets with Finance Minister

The World Bank Group’s Country Director for Myanmar, Cambodia, and Lao PDR, Mariam Sherman, today began her first visit to Laos by meeting the...

Government of Laos Agrees to Raise Minimum Wage

The Government of Laos has agreed to a minimum wage increase amid a rising cost of living and rampant inflation. The decision was reached among...

USD 210 Million Spent on Poverty Reduction in Laos Since 2003

Laos has received USD 210 million in poverty reduction funding from international organizations over the last eighteen years.  Mr. Phatnakhone Kanthamixay, Director of the Poverty...

Bolikhamxay Officials Clarify Viral Logging Truck Image

An image of a truck transporting timber that rolled over in Bolikhamxay Province went viral this week, drawing criticism from social media users who...