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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...
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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...
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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...
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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...
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Asian Development Bank Predicts 3.9 Percent Economic Growth for Laos in 2025

The Asian Development Bank (ADB) officially launched the Asian Development Outlook April 2025 at the ADB’s Lao Resident Mission (LRM) office in Vientiane. According to...

First Lao-Thai Friendship Bridge Marks 31st Anniversary

The First Lao-Thai Friendship Bridge marks its 31st anniversary on 8 April.  Opened in 1994, it was the first major land link between Laos and...

Vietnam Seeks US Tariff Delay as Economic Growth Slows in First Quarter

By Lam NGUYEN/AFP - Vietnam has asked for a last-minute delay to colossal tariffs imposed by Washington as government figures showed on 6 April...

Bus-Rapid-Transit Road Rushing to be Completed Before Lao New Year

Vientiane is committed to completing the construction of the Setthathirath Bus Rapid Transit (BRT) road just before the Lao New Year, according to Bounyavat...

Bank of Laos Reduces Transfer Fees on Foreign Currency Deposit Accounts

On 3 April, the Bank of Laos (BOL) made a new announcement, mandating that transfers between foreign currency deposit account holders will incur a...

Laos Sets Ambitious Targets for Energy, Mining Sector

Lao Prime Minister Sonexay Siphandone has outlined a vision for the energy and mining sector, aiming to increase its contribution to 25 percent of...
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