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...

Lao Government Calls for Boost in Agricultural Production in 2025

Prime Minister Sonexay Siphandone has called on the agriculture and forestry sectors to enhance production and exports while reducing reliance on imports, emphasizing this...

Traditionally-crafted Bamboo Brooms Earn National Recognition

Broom-making is more than just a craft in Bokeo’s Kang village, it’s a long standing tradition that has been passed down for generations.  On 24...

Vientiane Launches Sustainable Tourism Initiative with Innovative Technology for Growth

The Lao government has announced plans to boost tourism in Vientiane Capital with the theme "Vientiane's Sustainable Tourism," The initiative aims to incorporate innovative...

Economic Crisis, Teacher Shortages Drive Rising School Dropout Rates Across Laos

Laos has seen high school dropout rates for several years, with Attapeu, Sekong, Savannakhet, Bolikhamxay and Vientiane Capital being the most affected provinces. These...

Government Empowers Teachers in Rural Laos Through Workshop

Over 1,120 educators are participating in training workshops this month, aimed at improving classroom management and helping non-Lao speaking students better understand their lessons....

Audience Invited to Try Martial Arts at Japanese Budo Event in Vientiane

On 25 January, Lao and Japanese martial artists gathered at the Budo Center to showcase the performance disciplines of  Kendo, Aikido, Karatedo, and Judo....