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...

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....

Laos, Philippines Discuss Direct Flights to Boost Trade, Investment, Tourism

Foreign Ministers of Laos and the Philippines discussed the possibility of starting direct flights between the two countries to boost trade, investment, and tourism...

South Korea to Employ 2,000 Lao Workers in Industrial, Agriculture and Fisheries Sector

South Korea has requested the Lao government to send 2,000 workers from the country to be employed in the industrial, agriculture, and fisheries sector,...

Amata City Lao Receives THB 150 Million Loan to Develop Smart City in Northern Laos

Amata City Lao Company, a subsidiary of the Thai Real Estate company AMATA Group in Laos, secured THB 150 million (about USD 4.2 million)...

Laos Sees Highest Trade Deficit of 2023 in July at USD 166 Million

Laos’ imports and exports totaled over USD 1 billion in July; exports were valued at USD 429 million, while imports were approximately USD 595...

Support Flood Victims in Laos by Donating to These Five Organizations

Eight provinces across Laos have been the victims of flash floods, affecting thousands of households across the country, especially in Khammouane, Bolikhamxay, and Savannakhet....