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...

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...