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 Bananas Remain Pick of the Bunch for Export to China

Bananas once again tipped the scales as the major agricultural export crop for Laos in 2021. Laos earned over USD 900 million from the export...

Laos’ Agricultural Exports Reach USD 900 Million in 2021

  Laos has earned over USD 900 million from the export of agricultural products in 2021, according to a recent government report. Exports of bananas brought...

New International Airport in Bokeo Province to Open in March

A new international airport in Bokeo Province is scheduled to be completed and open for use by March this year. Construction of the airport in...

Construction to Resume on Latsavong Plaza Project, Tallest Building in Vientiane

Construction of Latsavong Plaza, the tallest building in Vientiane, is to resume after the project was stalled for five years. According to Director-General of the...

Laos-China Railway Project to be Profitable After 23 Years

The Laos-China Railway is expected to operate for 23 years before turning a profit, according to the Ministry of Planning and Investment. The project has...

Thai Journalist Apologizes to Laos for Criticism of Laos-China Railway

A Thai media personality who made waves recently after criticizing the Laos-China Railway has apologized for his careless comments. The host of a Thai National...