Economy

Lao Scholar Draws on History to Explore What Makes a Country ‘Great’

In many Lao communities, temples are among the cleanest places around. People sweep the grounds, tend to the gardens, and take care of the buildings. There is a shared understanding that these places are sacred, belong to everyone, and that caring for them is a collective responsibility. But why doesn't...

Laos’s Credit Rating Upgraded After Bond Sale, Hong Kong Tax Pact

Laos has received a credit rating upgrade after issuing a USD 500 million international...

Laos Eyes 500MW Renewable Electricity Export to Singapore

Laos is eyeing a major expansion of its clean energy exports following a proposed...

Laos Orders Local Trade Offices to Stop Restricting Business Competition

The Ministry of Industry and Commerce has ordered trade offices nationwide to stop imposing...

Laos Inflation Eases to 7.7 Percent as Electricity Costs Remain High

Laos’ inflation edged down to 7.7 percent in October from 7.8 percent in September,...

Work to Start on Vientiane-Hanoi Expressway Section Two, Completion Expected by 2030

Construction of Section 2 of the Vientiane-Hanoi expressway, which will connect Paksan district to the Laos-Vietnam border in Xaychamphone district, Bolikhamxay, is set to...

Luang Namtha Sees Nine Percent Growth in Tourist Arrivals in First Nine Months of 2025

Laos’ northern Luang Namtha Province recorded a steady increase in tourism in 2025, welcoming 985,322 visitors from January to September, a 9 percent rise...

Lao Authorities Confirm International Economic Growth Forecasts in Newly Released Outlook

Lao officials have formally confirmed earlier international projections for the country's economic performance, forecasting GDP growth of around 4.0 percent by year-end.  The figures, published...

Lao President Calls for New Generation of Lao Diplomats on 80th Diplomacy Day

Lao President Thongloun Sisoulith has called for the rise of a new generation of Lao diplomats, urging them to become strategic and trusted advisers...

ADB Lowers Laos’ 2025 Growth Forecast to 3.7 Percent Amid Economic Challenges

The Asian Development Bank (ADB) has lowered Laos’ 2025 GDP growth forecast from 3.9 percent to 3.7 percent, citing debt vulnerabilities, weak demand, and...

Laos-China Railway Transported Over 15 Million Passengers Since Early 2025

The Laos-China Railway (LCR) transported 15.48 million passengers from January through 8 October this year, a 2.38 percent increase over the same period in...