Socio-Economic Development

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 for responsible business operations. The meeting, led by The Lao National Chamber of Commerce and Industry (LNCCI) and the International Labor Organization (ILO), brought together government, workers’ and employers’ representatives, business associations and enterprises to discuss...

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 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...

Thailand Interested in Building Sixth Friendship Bridge to Laos

Thailand has confirmed its intention to build a sixth friendship bridge connecting the country to Laos over the Mekong River. This bridge would link...

Decline in Secondary School Enrollments Continues for Third Consecutive Year

The number of secondary school students in Grades 4 and 7 across Laos has declined for the third consecutive year, as reported by the...

Laos, Singapore, Cambodia Unite to Facilitate Cross-Border Electricity Trade

Singapore, Cambodia, and Laos have formed a working group to push cross-border electricity trade, inching closer to the ASEAN Power Grid vision.  On 3 June,...

EuroCham Laos Organizes Its Annual General Assembly, Hosts Laos-Europe Business Networking Event With EU Delegation

The European Chamber of Commerce and Industry in Laos (or ECCIL EuroCham Laos) gathered all its members at this year’s Annual General Meeting on...

Nam Theun 2 Power Company Boosts Lao Government Revenue with Significant Tax Contribution

Nam Theun 2 Power Company handed over more than USD 15 million in income taxes from its electricity production in 2023 to the Lao...

Luang Prabang Approves New Economic Zone for Tourism, Economic Growth

Luang Prabang is set to launch a new economic zone for the development of ecology, agriculture, and tourism at a 7,693-hectare site in Luang...