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 Records Over USD 240 Million Trade Surplus in First Nine Months of 2025

Laos recorded a trade surplus of more than USD 240 million during the first nine months of 2025, the Ministry of Industry and Commerce...

Rising Number of Lao Tourists Choose Malaysia as Travel Ties Strengthen

Malaysia is seeing a notable uptick in visitors from Laos this year, pointing to a growing interest among Lao travelers in regional destinations. According to...

Lao Government, UNFPA Host 2nd Population Conference to Empower Youth for National Development

UNFPA - On 1 October, the Ministry of Finance and the United Nations Population Fund (UNFPA) hosted the 2nd National Conference on Population and...

Major Infrastructure Push Targets Road, Rail, and Waterway Upgrades in Laos

Laos has launched a five-year strategic roadmap to modernize its national transport system, with a focus on upgrading roads, bridges, railways, and waterways.  Key projects...

Laos Economy Inches Forward as Inflation Eases in September, Exports Keep Rolling

The cost of living in Laos is still rising, but not as fast as before. New data from the Lao Statistics Bureau shows that...

Laos Targets Over 43 Million Tourists By 2030

Laos aims to attract more than 43 million tourists between 2026 and 2030, Minister of Culture and Tourism Suansavanh Viyaket announced at the Party...