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...

Food From Russia Feeds School Children in Flood-Impacted Areas

Russian Ambassador Vladimir Kalinin handed over 47 metric tons of cooking oil to the Ministry of Education and Sports at the United Nations World...

Laos, China Collaborate on Traditional Medicine, Cancer Treatment

Laos and China have deepened their cooperation in traditional medicine, focusing on medical plant cultivation, research, and innovative treatments to enhance healthcare services in...

Vang Vieng to Undergo Major Urban Renewal with ADB Grant

The Asian Development Bank (ADB) has provided USD 1.8 million to support an urban renewal project in Vang Vieng, aiming to transform the popular...

Laos Reports Progress in Poverty Reduction Efforts

Recent data from the Ministry of Agriculture and Forestry highlights significant strides in poverty alleviation across Laos, although challenges remain as the country aims...

Vientiane Province’s Checkpoint Upgraded to International Status

The Ban Vang Local Checkpoint has been officially upgraded to an international border checkpoint, connecting Laos's Vientiane Province to Thailand's Loei Province. This development...

Laos and South Korea Deepen Agricultural Cooperation in Key Areas

Laos and South Korea have strengthened agricultural cooperation, focusing on modernizing Laos’s farming sector and boosting ties within ASEAN. On 30 October, South Korea’s Minister...