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...

Vientiane Capital Approves Tap Water Price Increase

On 9 July, the Vientiane Capital People’s Council approved a proposal to increase tap water prices, citing mounting production costs that have left the...

Laos Launches Climate-Smart Farming Project in Six Provinces

Laos is stepping up efforts to tackle climate-related food insecurity and open new export opportunities, with USD 68.5 million in support from the Asian...

Laos to Upgrade National Road 13 in October 2025, Completion Expected by 2028

The Lao government will begin a major upgrade of a 50-kilometer stretch of National Road No. 13 South in October 2025 to boost freight...

Bokeo Sees Over USD 17 Million in Exports in First Half of 2025

Bokeo Province recorded an export value of USD 17.23 million in the first six months of 2025, marking steady growth in trade and industrial...

Laos Urges STEM Focus Amid Growing Education Crisis

Over 6,000 Lao nationals graduated from overseas institutions between 2021 and 2024, according to the Ministry of Education and Sports (MoES) during its recent...

US Reduces Tariff on Lao Imports to 40 Percent, Pressure on Trade Remains

The United States has lowered its reciprocal tariff on Lao imports from 48 percent to 40 percent, following President Donald Trump’s latest round of...