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...

LOCA Currently Operates 20 Fast EV Charging Stations, Plans to Boost EV Infrastructure with 40 Stations by 2024

In a significant stride towards sustainable mobility, the CEO of LOCA announced at the ZEEKR Launch event that the company is now operating 20...

Australia Strengthens Partnerships with Laos, ASEAN

Australia’s ASEAN Senior Official Michelle Chan visited Vientiane this week on a mission to further strengthen Australia’s partnerships with Laos and ASEAN. Last month’s ASEAN-Australia...

Asian Development Bank Greenlights Funding for Enhanced Healthcare in Lao Border Provinces

In a bid to enhance access to quality healthcare services in Laos border provinces, the Asian Development Bank (ADB) has approved a financing package...

Inflation Rate in Laos Dips Slightly to 24.98 Percent in March

Amidst a backdrop of economic challenges, Laos experienced a marginal decline in its inflation rate, dipping to 24.98 percent in March from February's 25.35...

Laos Drops in Global Happiness Rankings, Economic Factors Play Key Role

In the 2024 global happiness report, Laos has slid down to the 94th position among more than 140 countries worldwide, marking a decline of...

Australia Joins World Bank to Support Laos’ Land-Linked Agenda

Greater connectivity is a goal for Laos and a goal for ASEAN. This is why the World Bank and the Government of Laos have...