Socio-Economic Development

Laos Economy Grows 4.8 percent in Nine Months, but Inflation, Tourism Lag

Laos’ economy grew 4.8 percent in the first nine months of 2026, Prime Minister Saleumxay Kommasith told lawmakers on 5 October, crediting manufacturing, private investment, electricity, trade and tourism-related services. Saleumxay delivered the figure on the opening day of the second ordinary session of the 10th National Assembly, which runs...

Lao Migrant Workers Send Home USD 500 Million in First Seven Months of 2026

Lao migrant workers sent an estimated USD 500.7 million back to Laos during the...

Thailand Approves Loan for New Mekong Bridge in Luang Prabang

Thailand’s Cabinet approved financial assistance for the Lao government to construct the Xiengman-Luang Prabang...

Business, Labor Experts Talk Responsible Business Standards as Laos Prepares for LDC Graduation

Business and labor experts met in Vientiane on 3 September to discuss standard guidelines...

Laos Inflation Reaches 7.7% in August, Remains Above Target

Laos’ inflation rate reached 7.7 percent in August, a slight increase from 7.6 percent...

Inflation Eases to Five Percent in August 2025

Inflation in Laos eased slightly in August 2025, with the annual rate recorded at five percent, down from 5.3 percent in July, according to...

Laos Provinces Show Steady Economic Growth in First Half of 2025

Several provinces across Laos have reported solid economic progress in the first half of 2025, according to recent updates from local government offices. Vientiane Province...

Laos’ Inflation Eases to 5.3 Percent in July

Laos recorded an inflation rate of 5.3 percent in July, continuing a downward trend from 7.2 percent in June and 8.3 percent in May,...

Supporting Land Rights Where They Matter Most

SDC - At a community hall shaded by a tin roof and framed by paddy fields, more than two hundred villagers from Ban Nam...

Mobile Phones Fuel Surge in Savings: What the Global Trend Means for Laos

More adults than ever in low- and middle-income countries now have bank or other financial accounts, leading to a rise in formal saving, according...

Laos Makes Steady Progress in Poverty Eradication, Several Districts Declared Poverty-Free

Laos continues to make significant strides in poverty eradication, with multiple districts across the country being officially declared poverty-free, bringing the nation closer to...