Socio-Economic Development

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 first seven months of 2026, according to the Ministry of Labor and Social Welfare.  The ministry shared the figures during a labor migration meeting in Vientiane on 22 September. Employment Department Director General Anousone Khamsingsavath said...

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...

Laos Tightens Foreign Borrowing Rules as Debt Risks Persist

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

Laos Establishes Bullion Bank to Secure Gold Reserves, Stabilize Kip

The Ministry of Finance, has signed an agreement with PTL  Holding Co., Ltd. on 7 August to establish the Lao Bullion Bank to build...

Bank of Laos to Launch Centralized Forex Market

The Bank of Laos (BOL) and 15 commercial banks signed a Memorandum of Understanding (MOU) on 5 August to establish a centralized foreign exchange...

Study Reveals Water Insecurity Crisis in Rural Laos, Urges Improved Management Strategies

Despite Laos' abundant water resources, a recent research by the Faculty of Public Health at the University of Health Sciences has revealed critical issues...

Laos: July Inflation Rate Remains High Amid Rising Living Costs

In July, Laos continued to grapple with high inflation, with the rate slightly decreasing to 26.1 percent from June's peak of 26.2 percent. The...

South Korea Joins Forces with Mekong River Commission to Transform Mekong River Basin

The Mekong River Commission (MRC) has officially announced the Republic of Korea (ROK) as its newest Development Partner. In a move towards enhancing regional...

Flights Without Limits: Switzerland, Laos Forge New Air Services Deal

Switzerland and Laos have signed a new bilateral agreement on scheduled air services. Finalized on 26 July, the document replaces the outdated accord from...