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...

Thailand Cracks Down on Foreign Teachers with Tourist Visas

Thailand has launched a crackdown targeting foreign teachers working with tourist or transit visas in an attempt to strictly enforce employment laws in the...

Empowering Laos’ Deaf Community Through Education and Employment

In Vientiane, a quiet revolution is taking place at local coffee shops where deaf individuals are not just serving coffee but also breaking down...

Lao-Swiss Collaboration: National University launches First ever Dam Safety Course for Next Generation of Experts

The first-ever dam engineering course in Laos was officially launched on 13 February, marking a significant milestone in the country’s efforts to enhance dam...

Lao Responsible Business Awards 2025 Honor Sustainability, Community Engagement

On 10 February, the Lao Responsible Business Awards 2025 celebrated businesses in Laos, demonstrating a strong commitment to social and environmental good practice.  The...

Laos Sees Growth in Internet Access, Social Media Use in 2024

The use of the internet and social media in Laos observed growth in 2024, driven by faster internet speeds and the increasing adoption of...

Laos to Receive AI Sensors for Nationwide Air Quality Monitoring

A public school in Vientiane Capital is the first of 150 schools across Laos to install an AI-supported air quality sensor, marking a major...