Socio-Economic Development

Laos Economy Grows 4.8 percent in Nine Months, but Inflation, Tourism Lag

Laos’ economy grew 4.8 percent in the first nine months of 2026, Prime Minister Saleumxay Kommasith told lawmakers on 5 October, crediting manufacturing, private investment, electricity, trade and tourism-related services. Saleumxay delivered the figure on the opening day of the second ordinary session of the 10th National Assembly, which runs...

Lao Migrant Workers Send Home USD 500 Million in First Seven Months of 2026

Lao migrant workers sent an estimated USD 500.7 million back to Laos during the...

Thailand Approves Loan for New Mekong Bridge in Luang Prabang

Thailand’s Cabinet approved financial assistance for the Lao government to construct the Xiengman-Luang Prabang...

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...

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’ SEZs Surge with Major Investments, Fueling Economic Growth Amid Lingering Concerns for Worker Safety

Laos experienced a slight economic upswing in 2023 as approximately 178 companies funneled investments into Special Economic Zones (SEZs) across the country, generating over...

Laos Charts Course for Growth in 2024 with Tourism Focus, Infrastructure Overhaul Amidst Economic Challenges

As 2023 nears its conclusion, Laos continues to face economic challenges, including surging inflation, a scarcity of labor, and an expanding trade deficit. In...

New Protection Centers Opened in Laos for Survivors of Violence

New centers for survivors of violence opened in Bolikhamxay and Champasack provinces. These two new "Counseling and Protection Centers for Women and Children" are...

Alarming Road Accident Statistics Prompt Stringent Measures for New Year Safety

As the year draws to a close, the country grapples with a somber reality. More than 800 lives were lost and nearly 1,000 people...

Landmark Partnership Propels Laos Towards Greener Future

The Central Bank of Laos (BOL) and the International Finance Corporation (IFC) inked an agreement on 12 December to boost their partnership in promoting...

ADB Greenlights Dual Funding Initiatives for Sustainable Urban Development in Luang Prabang

The Asian Development Bank (ADB) has approved two funding projects for the sustainable urban development of the Luang Prabang UNESCO World Heritage Site in...