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...

Nine Lao University Students Heading for Japan to Participate in the ASEAN-Japan Students Conference

Nine Lao university students will soon travel to Japan to participate in the ASEAN-Japan Students Conference as part of JENESYS, an exchange program supported...

Houaphanh’s Nam Xang River Turns Red Due to Iron Ore Wastewater Discharge

On 12 January, an overflow of wastewater from an iron ore washing reservoir in Viengxay district, Houaphanh Province, turned the Nam Xang River dark...

Vietjet to Boost Aviation Infrastructure in Laos

Vietnamese airline Vietjet has signed an agreement to support Laos in advancing its aviation infrastructure.  The partnership, announced on 10 January, was overseen by Lao...

Electricity Exports Lead Laos’ Trade Revenue in 2024

In 2024, electricity exports continued to lead Laos’ export revenues, generating nearly USD 980 million and accounting for 15.35 percent of total exports, according...

Laos Steps Up Fight Against Wildlife Trafficking Amid Rising Demand

Authorities in Laos continue to intensify efforts against wildlife poaching and trafficking, with recent operations leading to the arrest of a suspect in Khammouane...

Laos, Vietnam Launch Cross-Border QR Code Payment System

On 9 January, Laos and Vietnam officially launched a cross-currency transaction service, connecting their cross-border retail payment systems via QR codes. This initiative, a collaboration...