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...

Lao Students Showcase Skills at Japanese Speech Event

On 1 March, the 22nd Japanese Speech Contest took place at the Lao-Japan Budo Center in Vientiane Capital. Japanese-language learners in Laos delivered speeches...

Laos, China 500kV Link to Drive Clean Energy Growth and ASEAN Connectivity

On 26 February, Laos launched the Lao-China 500-kilovolt Interconnection Project with a ceremony in Vientiane Capital. This project is part of a broader effort...

Bank of Laos to Enforce New Rules for Foreign Currency Accounts

The Bank of Laos (BOL) will introduce new regulations on foreign currency deposit accounts starting 5 April to improve transparency and ensure proper financial...

Inflation Rate Eases to 12.7% in February

Laos’ inflation rate dropped slightly in February to 12.7 percent, down from 15.5 percent in January, according to data from the National Statistics Bureau. In...

Japan Aids Xieng Khouang with Clean Water Supply Grant

Xieng Khouang Province is set to improve access to clean water with support from the Japanese government, which has provided a grant of USD...

Laos Added to Financial Grey List as Concerns Grow

The Financial Action Task Force (FATF) has added Laos to its grey list due to concerns over financial crime enforcement, while the Philippines successfully...