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...

Eight Parking Zones Planned in Vientiane Ahead of BRT Launch

To prepare for the upcoming operation of the Bus Rapid Transit (BRT) system, the Vientiane Sustainable Urban Transport Project plans to establish eight parking...

Laos Sets New Economic Direction Under 2026–2030 Development Strategy

Laos is setting an ambitious new course for national growth as the Ministry of Industry and Commerce and the Ministry of Finance have rolled...

Laos Explores Eco-Friendly Business Through Waste Management

Urban waste in Laos is increasingly being seen as a source of business and innovation. That was the focus of a seminar held on 30...

Lao MSMEs Struggle with Financing, Bureaucracy Despite Economic Growth

Micro, Small, and Medium Enterprises (MSMEs) in Laos face ongoing challenges, including limited access to finance, complex administrative procedures, and poor business documentation, according...

Laos, Republic of Korea Celebrate 30 Years of Diplomatic Relations with Launch of Lao Digital Park

Laos and the Republic of Korea (ROK) are celebrating 30 years of diplomatic relations by launching the Lao Digital Park Project, a landmark initiative...

Attapeu Exceeds 2025 Revenue Budget Target with Strong Economic Growth

Attapeu Province reported a revenue budget of over LAK 1,230 billion (USD 56.7 million) in the first nine months of 2025, reaching 116 percent...