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 Joins Global Call for Action on Climate, Health Issues at COP28

Laos has joined 122 other countries in endorsing the Declaration on Climate and Health (COP28) at the 28th UN Climate Change Conference in the...

New Lao-Thai Friendship Bridge Project to Be Completed by End of 2024

Construction is currently underway for the 5th Lao-Thai Friendship Bridge Project, with an anticipated completion date set for the end of 2024, according to...

Laos Explores Rare Earth Token Project to Boost Economy

The Lao government is exploring the possibility of launching a pilot rare earth token project to generate more foreign currency and bolster the country's...

Laos, Australia Ink Agreement on Human Rights Cooperation

In a significant stride towards promoting and safeguarding human rights, the Australian Human Rights Commission has inked an agreement with the Lao Government and...

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...