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...

Luang Prabang Earns Global Recognition for Sustainable Tourism

Laos’ popular world heritage town of Luang Prabang has clinched third place in the Green Destinations Top 100 Story Awards for “Destination Management” at...

Laos Set to Strengthen Pilot Training, Improve Aviation Safety

Laos is set to strengthen its aviation sector through expanded pilot training and safety programs.  Under a new agreement with Partners in Aviation and Communications...

Mining License Issuance Suspended Pending Regulation Improvements

The Lao Ministry of Energy and Mines has temporarily suspended the issuance of new mining licenses, effective 28 February, in order to improve the...

Vang Vieng Aims for 2 Million Tourists, Infrastructure Focus

Vang Vieng, Laos, has set a target to attract 2 million tourists in 2025, with an expected income of LAK 1,700 billion (USD 78.6...

Luang Prabang Declared Poverty-Free Amid Economic Growth

On 3 March, Luang Prabang City was officially declared poverty-free, as announced by Mayor Viengthong Hatsachan. The declaration follows significant improvements in infrastructure and...

Lao Journalists Go Green with Mass Media Environment Training

Reporters from various provinces in Laos have gained valuable insights into reporting on green and sustainable development, as well as gender equality, through the...