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Monday, October 13, 2025
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Socio-Economic Development

ADB Lowers Laos’ 2025 Growth Forecast to 3.7 Percent Amid Economic Challenges

The Asian Development Bank (ADB) has lowered Laos’ 2025 GDP growth forecast from 3.9 percent to 3.7 percent, citing debt vulnerabilities, weak demand, and trade tensions.  The ADB’s September report notes that despite resilience in key sectors, ongoing fiscal and external challenges continue to weigh on the economy. Despite these headwinds,...

New Entrance Gates at National University of Laos Sparks Online Debate

A new entrance gate at the National University of Laos has stirred heated discussion...

Laos Records Over USD 240 Million Trade Surplus in First Nine Months of 2025

Laos recorded a trade surplus of more than USD 240 million during the first...

Laos Economy Inches Forward as Inflation Eases in September, Exports Keep Rolling

The cost of living in Laos is still rising, but not as fast as...

Sekong Targets Skilled Labour Growth Amid Rising Demand from Energy Sector

Sekong Province has registered and issued work permits to over 1,800 foreign workers in...

Cambodia Withdraws from Development Pact with Laos, Vietnam

Cambodia has officially withdrawn from the regional development pact with neighboring Laos and Vietnam. The decision was announced by Cambodian Prime Minister Hun Manet...

Lao Government Increases Minimum Wage to Combat Rising Living Costs

The Ministry of Labor and Social Welfare has announced a new minimum wage policy, aiming to support workers facing economic challenges due to rising...

European Union-ASEAN Dialogue Explores Green Transition Opportunities, Challenges

European Union (EU)-ASEAN businesses and cooperation agencies discussed the opportunities and challenges of ASEAN’s green transition in the Partners’ Dialogue forum with the Delegation...

StarExpress Tourist Train Launches, Connecting Kunming to Laos

On 24 September, the StarExpress, a new cross-border tourist train, launched its inaugural journey from Kunming, China, to Luang Prabang and Vientiane, Laos.  This new...

Salavan, Ubon Ratchathani Provinces Agree on Cross-Border Water Transport Deal

Laos’ Salavan Province and Thailand’s Ubon Ratchathani Province have agreed to enhance cooperation on water transport, aiming to improve regional connectivity through key international...

Asian Development Bank Forecasts Economic Growth for Laos by Year-End Amid Challenges

The Asian Development Bank (ADB) has projected that Laos will experience a growth rate of 4.0 percent in 2024, supported by investments in services...