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...

SEZs to Develop Labor Skills and Employ Thousands of Workers in Laos

The Special Economic Zone Promotion and Management Office is to improve labor skills and see thousands of Lao people employed by SEZs across the...

Thailand Uncovers 20 Tonnes of Pork Smuggled from Laos

Authorities in Mukdahan, Thailand, have seized 20 tonnes of pork smuggled into Thailand from Laos across the Thai-Lao Friendship Bridge. Thai customs officers uncovered the...

Authorities Clarify Rising Pork Prices in Vientiane Capital

Authorities in Vientiane Capital have issued a statement regarding an increase in pork prices, saying insufficient supply in neighboring countries has affected Laos. Pork prices...

Laos Slaps Ban on Agricultural Imports to Boost Local Economy

The government of Laos has banned the import of certain types of farm produce, livestock, and fish, hoping to spur domestic production. In an urgent...

Inflation in Laos Reached 5.3 Percent in December 2021

The inflation rate in Laos in December was higher than any other month in 2021, climbing to 5.3 percent. Increasing inflation has had a direct...

Thailand Ships 1,000 Tonnes of Rice to China Via Laos-China Railway

A shipment of 1,000 tonnes of rice from Thailand has been delivered to China via the Laos-China Railway. According to an announcement by Thailand's Agriculture...