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...

Luang Prabang Pushes for Green Destination Certification to Boost Sustainable Tourism

Luang Prabang is taking steps to further enhance its tourism sector by exploring the possibility of receiving the prestigious Tourism Destination Award from the...

Thailand Urges Laos to Resume Cattle Imports After Anthrax

Thailand is planning to consult Laos and Vietnam to lift the ban on cattle imports after an anthrax outbreak in the country amidst concerns...

Phu Quoc Airport Set for Mega Upgrade Ahead of APEC 2027

Phu Quoc International Airport in Kien Giang Province will undergo major expansion and upgrades to support the 2027 APEC (Asia-Pacific Economic Cooperation) Economic Leaders'...

Thailand Cuts Growth Forecast on Tariff Uncertainty

AFP - Thailand has downgraded its 2025 economic forecast due to uncertainty over trade tariffs threatened by US President Donald Trump, senior officials said...

Laos Targets 577,000 Tonnes to Boost National Food Self-Sufficiency

The Lao government has announced plans to increase the country’s production of meat, fish, and eggs to 577,000 tonnes this year in an effort...

President Thongloun Sisoulith to Attend Nikkei Forum 2025

President Thongloun Sisoulith will attend as speaker in the 30th International Conference on the Future of Asia in response to the invitation of the...