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 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...