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 Ranks Seventh Among ASEAN Countries Sending Workers to South Korea

Laos has been ranked seventh among ASEAN countries in terms of sending workers to South Korea, with 2,969 Lao nationals currently employed there, according...

Laos-China Railway Expands Services for Chinese New Year Travelers

With the Chinese New Year approaching, the Laos-China Railway has rolled out special measures at the Bohan Railway Border, including expanded counter services and...

Xam Tai District’s Silk Tapestries Set to Achieve ODOP Status

Traditional silk tapestries from Xam Tai district in Houaphanh Province will soon be recognized as official One District One Product (ODOP), aiming to preserve...

Recent Cold Snap Damages Coffee Plantations in Champasack

On 14 January, the Department of Agriculture and Forestry of Champasack Province reported significant damage to coffee plantations in Pak Song district caused by...

Lao Government Aims for Fifth Year of Budget Surplus

The Lao government is striving to surpass its state budget revenue targets for a fifth consecutive year,  With a vision toward an independent and self-reliant...

Laos Adopts Satellite Technology to Boost Carbon Credit Potential

Laos is leveraging satellite remote sensing technology to calculate carbon stocks across nine forest areas in the country totaling 170,556 hectares.  The objectives of this...