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Monday, November 3, 2025
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Socio-Economic Development

Laos Sets New Economic Direction Under 2026–2030 Development Strategy

Laos is setting an ambitious new course for national growth as the Ministry of Industry and Commerce and the Ministry of Finance have rolled out their five-year development plans for 2026–2030, outlining strategies to accelerate industrialization, strengthen financial stability, and build a self-reliant economy. At the sixth Party Committee Congress...

Laos, Republic of Korea Celebrate 30 Years of Diplomatic Relations with Launch of Lao Digital Park

Laos and the Republic of Korea (ROK) are celebrating 30 years of diplomatic relations...

Inflation in Laos Eases to 4 Percent in October

The cost of living in Laos continues to rise, with new data from the...

Bank of Laos Targets Stronger Oversight, Digital Banking, Regional Connectivity in New Five-Year Strategy

The Bank of Laos (BOL) has unveiled a new five-year plan (2026–2030) aimed at...

Attapeu Approves Xekaman 1 Dam Tourism Development Project

Attapeu Province is taking a major step to expand its tourism sector with the...

Laos to Develop E-Commerce Policies, Strategies for Local Enterprises

Recognizing the surging trend of online sales in Laos, the government has designated the strengthening of e-commerce as a key strategic development goal for...

Laos Navigates Mid-Range in Sustainable Competitiveness Journey

In the ever-evolving landscape of sustainable development, the Global Sustainable Competitiveness Index (GSCI) serves as a compass, guiding nations towards a balanced and eco-friendly...

Laos Sets Targets in 5-Year Energy, Mines Development Plan

Accurate resource assessment is key to effectively managing rare mineral resources, said the Minister of Energy and Mines, Phoxay Sayasone, at the 6th Ordinary...

Stricter Fiscal Management, Tighter Monetary Policy Key to Sustainable Growth

PRESS RELEASE by ASEAN+3 Macroeconomic Research Office (AMRO) Laos' economy is expected to maintain its recovery from the COVID-19-pandemic in 2023. But currency depreciation and...

Laos Records Seven Months of Trade Deficit in 2023, Totaling USD 675 Million

Laos has grappled with a trade deficit for seven of the first nine months of this year, totaling USD 675 million. Only in February...

Laos Sets Tourism Record Boasting 285 Percent Surge in 2023

Nestled amid the green landscapes of Southeast Asia, Laos finds itself at the epicenter of an extraordinary tourism surge, statistics by the Ministry of...