Socio-Economic Development

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 in July, while average inflation for the first eight months of the year stood at 7.9 percent. Housing, water supply, electricity and cooking fuel recorded the largest increase, rising 30.2 percent from the same period last...

Laos Tightens Foreign Borrowing Rules as Debt Risks Persist

Laos has tightened controls on foreign borrowing as the government seeks to limit debt...

Laos Economy Grows 5% in Year’s First Half, Government Holds to 6% Target

Laos’ economy expanded 5 percent in the first half of 2026, helped by a...

Laos Moves to Update Electricity Law for Energy Sector Shift

Laos is moving to update its electricity sector as the government prepares to adopt...

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...

Lao Government Addresses 73,000 Illegal Workers Abroad

The Lao government has revealed that more than 73,000 Lao workers are currently working abroad illegally, particularly in neighboring countries, despite the government's efforts...

Vientiane’s New Bus Project: A Step Forward or a Traffic Gamble?

Additional reporting by Kheuakham Chanlivong In Laos, daily commutes are largely dominated by private vehicles, with public buses playing only a minor role in Vientiane...

Lao Government Allocates USD 960 Million for 2025 Development Projects

The Ministry of Planning and Investment announced the approval of 746 State investment projects for 2025, with a total value of LAK 20,957 billion...

Mekong River Commission Launches Education Hub, One Mekong App in Vientiane

On 23 December, the Mekong River Commission (MRC) celebrated the opening of its Education and Visitor Center and the launch of the One Mekong...

Bamboo Concession Project to Boost Local Economy in Oudomxay Province.

On 20 December, Oudomxay Province signed a concession agreement with Ammata Lao Lanexang Co., Ltd., a private company, granting them the rights to utilize...

Vientiane Surpasses Poverty Reduction Target, 99.43% Progress Achieved

Almost the entirety of Vientiane’s population is now above the poverty line, according to Sengaloun Souliyavong, the Head of Vientiane's Department of Agriculture and...