Economy

Global Financial Bodies Warns of Slower Growth, Higher Inflation for Laos in 2026

Laos' economy is expected to continue expanding this year, even as slower growth and inflation present challenges, according to a global financial institution. In its latest outlook released on 9 July, the Asian Development Bank (ADB) forecast that Laos’ economic growth will ease this year while inflation surges, driven largely...

Railway Expansion, Education Reform Among Key Issues at National Assembly

Expanding the railway to southern Laos, rolling out a new school system, reducing poverty,...

Laos Collects USD 12 Million in Digital Taxes From Global Tech Companies

Laos has collected approximately USD 12 million in digital taxes from global technology companies...

Laos Agricultural, Forestry Exports Top USD 1 Billion in First Half of 2026

Laos earned more than USD 1 billion from agriculture and forestry exports in the...

Champasak Signs Deal for New 5-MW Solar Power Project

Authorities in Champasak signed a concession agreement on 3 July with a private company...

Laos Achieves Trade Surplus of USD 310 Million in February

Laos recorded a trade surplus of USD 310 million in February, as the total value of imports and exports (excluding electricity) reached approximately USD...

Nam Theun 2 Marks 15 Years with Golf Classic in Vientiane

On 15 March, Nam Theun 2 Power Company Limited (NTPC) celebrated its 15th anniversary with the Nam Theun 2 Golf Classic, held at the...

Lao Government Grants Tax Exemption Up to 30 years for Amata Investment Zone

On 20 March, members of the National Assembly (NA) approved a special incentive package for investors in the Amata Special Economic Zone, granting them...

Former Electricité du Laos Officials, Contractors Face Prosecution Over Corruption

A former Deputy Director of Electricite du Laos (EDL) and four contractors, including one foreign national, are facing prosecution for corruption and fraud involving...

Lao National Assembly Debates Major Constitutional Reforms: What’s at Stake

The Lao National Assembly is currently debating the 2025 Draft Constitution of Laos, which proposes a number of major changes to the country’s legal...

Vientiane Residents Demand Action Amid Ongoing Water Shortages

Many households in Vientiane are struggling with water supply issues, including shortages and low water pressure. Residents are growing increasingly frustrated, as water disruptions...