Economy

Lao Scholar Draws on History to Explore What Makes a Country ‘Great’

In many Lao communities, temples are among the cleanest places around. People sweep the grounds, tend to the gardens, and take care of the buildings. There is a shared understanding that these places are sacred, belong to everyone, and that caring for them is a collective responsibility. But why doesn't...

Laos’s Credit Rating Upgraded After Bond Sale, Hong Kong Tax Pact

Laos has received a credit rating upgrade after issuing a USD 500 million international...

Laos Eyes 500MW Renewable Electricity Export to Singapore

Laos is eyeing a major expansion of its clean energy exports following a proposed...

Laos Orders Local Trade Offices to Stop Restricting Business Competition

The Ministry of Industry and Commerce has ordered trade offices nationwide to stop imposing...

Laos Inflation Eases to 7.7 Percent as Electricity Costs Remain High

Laos’ inflation edged down to 7.7 percent in October from 7.8 percent in September,...

Early Work Begins on Road Linking Bolikhamxay, Xaysomboun

Authorities have inspected early construction work on the Road 13 South–Road 5A project, as groundwork advances on the first unpaved section linking Bolikhamxay and...

Laos Breaks Ground on 230 kV Transmission Line Project in Northern Laos

Laos launched construction of a new 230-kilovolt (kV) transmission line on 30 January in northern Laos, connecting Luang Prabang and Xieng Khouang provinces. The 186-kilometer...

Laos Targets Upper-Middle-Income Status by 2035 Through Growth and Fiscal Reform

The Lao government has reaffirmed its long-term development ambitions, linking sustained economic growth and tighter fiscal management to a goal of reaching upper-middle-income status...

Asian Development Bank Urges Faster Infrastructure Delivery as Vientiane’s Bus Rapid Transit System Stalls

The Asian Development Bank (ADB) has called on Laos to speed up the implementation of major infrastructure projects, as delays continue to affect high-profile...

Vientiane Tourism Exceeds 2025 Targets, Generating Over USD 621 Million

Vientiane welcomed more than 2.2 million visitors in 2025, exceeding its annual tourism target and generating over USD 621 million in revenue, Lao authorities...

Laos Inflation Eases to 5.1 Percent in January 2026 as Utility Costs Drive Price Pressures

Laos recorded an inflation rate of 5.1 percent in January 2026, down from 5.6 percent in December 2025, as the country continues to grapple...