Economy

Laos Economy Grows 5% in Year’s First Half, Government Holds to 6% Target

Laos’ economy expanded 5 percent in the first half of 2026, helped by a strong tourism season and growth in services, but slowed in the second quarter as the government works to meet its 6 percent target for the year. Growth reached 5.5 percent in the first quarter before easing...

Attapeu Looks to Job Support as School Dropouts Rise

Attapeu is expanding its employment services as the province seeks to respond to labor...

Laos Moves to Update Electricity Law for Energy Sector Shift

Laos is moving to update its electricity sector as the government prepares to adopt...

Laos Cuts 7-Day Base Interest Rate to 7% as Economic Risks Persist

The Bank of Laos (BOL) has cut its seven-day base interest rate from 8...

Prime Minister Calls for Tighter Oversight of Boten SEZ Amid Development Challenges

Prime Minister Sonexay Siphandone has called for stronger management of the Boten Special Economic...

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,...