Economy

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 percent to 7 percent a year as inflation remains below the government’s 8 percent target. The Monetary Policy Committee approved the cut at its meeting on 20 August, where it reviewed monetary policy, economic conditions, fuel...

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-China Railway Trade Surges as Cross-Border Freight Hits New Highs

Trade along the Laos-China Railway continued to grow sharply in the first half of...

Laos Identifies Two New Rare Earth Target Areas Across Four Provinces

Laos has completed field surveys and identified two major potential rare earth target areas...

Laos Studies USD 1 Billion Vientiane-Lidu Industrial Park in Pakngum

On 13 August, Laos agreed to study the development of a new industrial park...

EDL-Gen Defends Nam Ngum 1 Dam Amid Flood Accusations

Electricité du Laos Generation Public Company (EDL-Gen) has defended operations at the Nam Ngum 1 hydropower plant following public accusations that water releases from...

Prime Minister Orders Payments to Contractors, Signals Changes to BRT Project

The Prime Minister has approved payments to contractors for work already completed under the Vientiane Urban Sustainable Transport Project (VSUTP), while ordering adjustments to...

Oudomxay Province Inaugurates Laos’ Largest Solar Power Project

Oudomxay Province on 13 December officially inaugurated a 1,000-megawatt solar power project, marking one of Laos’ largest renewable energy developments to date. The facility...

A New Deal for the Mekong

By Anoulak Kittikhoun - Imagine the Mighty Mekong Basin not as a source of friction among riparian countries but as a platform of joint...

Lao Economy Improves but Lasting Growth Requires Sustained Reforms, Road Network Preservation

World Bank - Increased exports, foreign investment and tourism have helped Laos begin to emerge from a prolonged economic slowdown, according to a World...

Laos Launches National Heart Care Program to Strengthen Pediatric Health Services

Laos has introduced a nationwide program aimed at improving the detection and treatment of congenital heart disease among children, marking one of the country’s...