Socio-Economic Development

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 in July, while average inflation for the first eight months of the year stood at 7.9 percent. Housing, water supply, electricity and cooking fuel recorded the largest increase, rising 30.2 percent from the same period last...

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...

Laos Cuts 7-Day Base Interest Rate to 7% as Economic Risks Persist

The Bank of Laos (BOL) has cut its seven-day base interest rate from 8...

Laos Inflation Drops to 9 Percent, But Living Costs Remain High

Laos recorded an inflation rate of 9 percent in May, down from 10.2 percent in April, marking the first slowdown in consumer price growth...

Bank of Laos Maintains 7-Day Base Interest Rate at 8% Amid Rising Inflation

The Bank of Laos (BOL) confirmed it will maintain its 7-day base interest rate at 8 percent per annum following a half-day Monetary Policy...

Laos Hydropower Firm EDL-Gen Rebounds to Profit in 2025

Electricité du Laos (EDL) Generation Public Company,  known as EDL-Gen, reported a financial comeback, recording a net profit of LAK 1.8 billion (USD 82.9...

Laos Calls on Vietnam for 2031 SEA Games Hosting Preparations

Laos has requested Vietnam’s support in sports development and athlete training as the country prepares to host the 36th Southeast Asian (SEA) Games in...

Laos, Lithuania Sign New Cooperation Agreement to Boost Diplomatic Ties

On 27 April, Lao Foreign Affairs Minister Thongsavanh Phomvihane and Lithuanian Foreign Minister Kestutis Budrys signed a new bilateral cooperation agreement in Bandar Seri...

Laos-China Trade Nears USD 10 Billion as Ties Deepen

Laos and China marked 65 years of diplomatic relations this week, with both sides highlighting deepening economic ties, including more than USD 18 billion...