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Monday, October 13, 2025
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Socio-Economic Development

ADB Lowers Laos’ 2025 Growth Forecast to 3.7 Percent Amid Economic Challenges

The Asian Development Bank (ADB) has lowered Laos’ 2025 GDP growth forecast from 3.9 percent to 3.7 percent, citing debt vulnerabilities, weak demand, and trade tensions.  The ADB’s September report notes that despite resilience in key sectors, ongoing fiscal and external challenges continue to weigh on the economy. Despite these headwinds,...

New Entrance Gates at National University of Laos Sparks Online Debate

A new entrance gate at the National University of Laos has stirred heated discussion...

Laos Records Over USD 240 Million Trade Surplus in First Nine Months of 2025

Laos recorded a trade surplus of more than USD 240 million during the first...

Laos Economy Inches Forward as Inflation Eases in September, Exports Keep Rolling

The cost of living in Laos is still rising, but not as fast as...

Sekong Targets Skilled Labour Growth Amid Rising Demand from Energy Sector

Sekong Province has registered and issued work permits to over 1,800 foreign workers in...

ADB to Finance USD 45 Million Package to Strengthen Health Care Services in Laos

The Asian Development Bank (ADB) has approved a USD 45 million financing package to help strengthen quality health care in 16 districts across 10...

USAID and Ministry of Justice Release Videos to Promote Legal Aid Services in Laos

The Ministry of Justice has legal aid services available to protect the legal rights of vulnerable populations throughout Laos. However, most people at risk...

Laos, Cambodia Launch Cross-Border QR Code Payment System

The 13th multilateral meeting between the Bank of Laos and the National Bank of Cambodia was held in Vientiane Capital last Friday to discuss...

Laos to Increase Minimum Wage for Workers in October

The Lao Prime Minister's Office has approved raising the minimum monthly wage in the country from LAK 1,300,000 (USD 67) to LAK 1,600,000 (USD...

Skyrocketing Vegetable Prices Highlight Cost of Living Crisis in Laos

A social media post about the rising prices of basic vegetables in Laos went viral on Monday, calling attention to a real cost of...

Installation of Turbines Begins in Laos for SE Asia’s Largest Wind Power Project

The Monsoon Wind Power Project in Laos has begun installing wind power turbines after the turbines and blades were delivered from Thailand on Saturday....