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...

Booyoung Group Donates 600 Buses to Improve Public Transportation in Laos

Booyoung Lao Co., Ltd. signed a Memorandum of Understanding (MOU) with the Lao Government on 28 June to provide 600 buses to help improve...

Laos National Assembly Members Call for Increase in Minimum Wage

National Assembly members from various constituencies commented on the government's socio-economic development plan, state budget plan, and monetary plan during the ongoing 5th ordinary...

Lao National Assembly Keen on Digitizing Governance

The National Assembly of Laos, in collaboration with the French-speaking Parliamentary Assembly organized a two-day seminar on digital governance and internet use last week. Under the...

German Embassy, Proud To Be Us Advocate LGBTQI+ Inclusion at Workplace in Laos

Last week, the Embassy of Germany in Laos and Proud To Be Us organized a policy dialogue titled Inclusion of All People at Work...

Lao President Appoints New Committee for Country’s Digital Transformation

Mr.Thongloun Sisoulith, the President of Laos, has selected members of a new National Committee to implement the Digital Transformation plan for economic and social...

Laos to Provide Over 300,000 Employment Opportunities Next Year

The Ministry of Labor and Social Welfare expects to provide training and employment for more than 300,000 workers nationwide. Vientiane Times reports that Ms....