Economy

African Swine Fever Disrupts Pork Supplies, Beef Prices Rise in Vientiane

The pork shortage is putting pressure on Vientiane’s meat markets as African swine fever (ASF) spreads across Laos and authorities restrict the movement of pigs and pork. State media have confirmed outbreaks in two districts and three villages in Vientiane Capital, including Sangthong district, where 115 pigs died across two...

Corruption Crackdown in Laos’s Attapeu Province Uncovers Millions in Financial Irregularities

Attapeu authorities have detailed five years of corruption investigations and financial irregularities, including a...

Lao Migrant Workers Send Home USD 500 Million in First Seven Months of 2026

Lao migrant workers sent an estimated USD 500.7 million back to Laos during the...

Vietnam Emerges as Laos’ Second-Largest Foreign Investor with USD 8 Billion in Projects

Vietnam has become Laos's second-largest foreign investor, with more than 400 projects worth a...

Laos, China Launch Digital Payment Link For Cross-Border Transactions

Laos and China have launched a new digital payment link that allows Chinese visitors...

Cost of Living Rises as Lao Currency Depreciates

A weakened local currency (LAK) has caused the cost of living to rise in Laos, as well as affecting businesses amid the Covid-19 pandemic. According...

Lao-Chinese Power Grid Company Signs Concession Agreement with Govt

Electricite du Laos Transmission Company Limited (EDL-T), the joint venture between China Southern Power Grid (CSG) and Electricite du Laos (EDL), has signed a...

Govt to Upgrade Road 13 South Between Bolikhamxay and Khammouane

The government of Laos is to upgrade a section of Route No. 13 South between Bolikhamxay and Khammouane provinces. According to a report by Pasaxon,...

63,000 Unemployed in Laos During Covid-19 Pandemic

Laos has an estimated 63,000 unemployed, including those already in the country and migrant workers who have returned to Laos due to the Covid-19...

New Electricity Rates Set This Month

Authorities have set new electricity rates for households, organizations, and businesses this month throughout the country. According to a notice issued by the Ministry of...

Laos To Graduate From Least Developed Country Status by 2026

Laos could graduate from Least Developed Country status by 2026, according to a new announcement by the United Nations Committee for Development Policy (CDP). The...