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...

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...