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...

Mineral Sector Surpasses Five-Year Goals as Government Strengthens Oversight

Laos’ mineral sector recorded production worth LAK 36,175 billion (approximately USD 1.67 billion) in the first 10 months of 2025, achieving 104 percent of...

Laos Cuts Public Debt to 88 Percent of GDP, Reports Budget Surplus

Laos has successfully reduced public debt from 112 percent of GDP in 2022 to about 88 percent in 2025, Prime Minister Sonexay Siphandone said...

New Partnership Strengthens River Data, Forecasting, Sustainable Development in Laos

MRC - The Mekong River Commission (MRC) and the Government of Australia have reinforced their long-standing partnership with additional support and new digital tools...

Over 2,500 Vientiane Students, Teachers to Support 12th National Games

The Vientiane Capital Department of Education and Sports announced that 2,583 teachers and students from eight schools across the city will take part in...

ASEAN SOAR Together Empowers MSMEs with Digital Boost at ABIS 2025

On 31 October, the ASEAN Foundation, in partnership with TikTok Shop and the ASEAN Business Advisory Council (ASEAN-BAC) Malaysia, showcased the success of the...

Laos Kicks Off First-Ever Digital Census with Nationwide Field Data Collection

UNFPA - Santiphab Phomvihane, Minister of Finance and Deputy Head of the National Steering Committee for the 2025 Population and Housing Census, led a...