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 Kicks Off Fundraising Campaign to Relive Floods Damage Amidst Public Doubts

Laos has launched a fundraising campaign to relieve damage caused by Typhoons Wutip and Wipha that wreaked havoc in the country across the first...

Typhoon Wipha Kills 4, Leaves 4 Missing as Storm Batters 34 Districts Across Laos

Typhoon Wipha has killed four people and left four others missing after sweeping through 34 districts in multiple provinces across Laos. The storm battered...

Laos’ Inflation Eases to 5.3 Percent in July

Laos recorded an inflation rate of 5.3 percent in July, continuing a downward trend from 7.2 percent in June and 8.3 percent in May,...

British International Schools, Universities Offer Stable Path for Lao Students as US Policies Shift

By Michael Anderson; BBGL Board Member and Education Adviser Over recent decades, families in Laos have viewed the United States as a top destination for...

Laos Highlights Challenges, Aspirations at 2025 Belt and Road Journalists Forum

At the 2025 Belt and Road Journalists Forum held in Ganzhou, Jiangxi Province, representatives from Laos emphasized the country’s determination to modernize its media...

Supporting Land Rights Where They Matter Most

SDC - At a community hall shaded by a tin roof and framed by paddy fields, more than two hundred villagers from Ban Nam...