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 to See Mineral Earnings of USD 463 Million in Fourth Quarter

Laos expects to earn USD 463 million in the final quarter of this year from mineral sales both domestically and for export, after earning...

Government to Spend Over USD 100 Million to Boost Domestic Production in Laos

The government of Laos plans to spend over USD 100 million to promote domestic production in the country and boost exports. A loan from China's...

Germany provides additional EUR 1.45 million to Mekong River Commission

  Germany is allocating a further EUR 1.45 million to the Mekong River Commission (MRC) to tackle development and management challenges in the Lower Mekong...

Speeding, Driving Under the Influence of Alcohol Common Among Drivers in Vientiane, Road Safety Survey Finds

Almost three-quarters of drivers in Vientiane routinely break speed limits and nearly a third of evening motorists have been drinking alcohol, new research on...

Korean Firm Partners with Wanfeng Property to Attract Investment to That Luang SEZ

A Korean real estate investment firm based in Shanghai has signed an agreement with a Chinese property developer to attract investment in the That...

Electricity Exports On the Rise as Laos Powers Up ASEAN

Laos has earned USD 2,012 million from the export of electricity to other countries this year, up by 12 percent compared to last year. Deputy...