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...

Laos, Thailand Prepare for Launch of 5th Friendship Bridge in Late December

Laos and Thailand are gearing up for the official launch of the 5th Thai–Lao Friendship Bridge on 25 December, marking a new milestone in...

Laos, Cambodia Boost Energy Cooperation in High-Level Talks

Laos and Cambodia have agreed to deepen their energy partnership.  From 26 to 28 November, Cambodian Deputy Prime Minister and Foreign Minister Prak Sokhonn led...

i-Clean Recliners, Sofas Debut in Vientiane

La-Z-Boy, the renowned US furniture brand, has launched its latest innovation in Vientiane: the i-Clean fabric recliners and sofas. Specifically designed for households with...

Lao Brewery Company and PR Partner Rantau+ Win Gold at Global Sustainability and Purpose Awards

On 21 November, Lao Brewery Company (LBC), part of the Carlsberg Group, and its long-term PR partner Rantau+ received Gold in the Best Technological...

Lao Migrant Workers Send Home USD 366 Million in First Half of 2025, Under 10 Percent Using Banks

Lao migrant workers sent home an estimated USD 366 million in the first six months of this year, according to new data from the...

Laos Steps Up Debt Reforms With New Strategy, Stronger Oversight

Laos is advancing major public debt management reforms with a new medium-term strategy and tighter oversight of state-owned enterprises to strengthen fiscal stability and...