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 Has Second Highest Inflation Rate in ASEAN

Laos is suffering from one of the highest inflation rates in the region, raising concerns as the population suffers from financial hardship. Year-on-year inflation in...

Workers from Laos and Cambodia Pour Back into Thailand

Hundreds of thousands of laborers from Laos and Cambodia have begun returning to Thailand as the country opens its doors to migrant workers. Thailand requires...

Over 1 Million Passengers Ride Laos-China Railway

Over 1 million passengers have traveled on the Laos-China Railway since its opening in December 2021, according to transport authorities in China's Yunnan Province. KPL...

Laos to Raise Minimum Wage by March This Year

Lawmakers have begun discussions surrounding a raise of the national minumum wage amid inflation and an increasing cost of living. Authorities in Laos have discussed...

Japan Funds Upgrade of Japanese Language Department at National University of Laos

The Japanese Government has provided grant assistance worth USD 92,485 for the Improvement of the Department of Japanese, National University of Laos. The grant has...

China Announces Closure of Borders with Luang Namtha

China has announced the closure of international border crossings connecting it to Luang Namtha Province in Laos due to local outbreaks of Covid-19. According...