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, UN Mark 70 Years of Partnership, Highlighting Support for Youth and Sustainable Development

Laos and the United Nations (UN) marked the 70th anniversary of their partnership on 20 November, celebrating decades of cooperation in development, peacebuilding, and...

Laos Launches 16 Days of Activism Campaign Focused on Digital Violence

Laos kicked off the 2025 global campaign for the 16 Days of Activism against Gender-Based Violence on 25 November, putting a national spotlight on...

Inflation in Laos Soars to 4.8 Percent in November

Laos’ inflation rate rose to 4.8 percent in November, up from 4.3 percent in October, driven mainly by higher costs for electricity, water, health...

Laos Launches Training Center to Boost Mining, Energy Skills

On 18 November, Laos inaugurated the Lancang-Mekong Training Center and launched a specialized training program designed to address the country’s shortage of skilled workers...

International Monetary Fund Says Lao Economy to Grow by 4.5 Percent in 2026

The International Monetary Fund (IMF) has projected that Laos’ economy will expand by 4.5 percent in 2026, supported by stronger exports, rising tourism, foreign...

Laos Intensifies Efforts to Boost Investment from China’s Yunnan Province

Laos is intensifying efforts to attract investment from China’s Yunnan province as the two nations work to strengthen trade, transport links, and broader economic...