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...

International Monetary Fund Says Laos Economy Stabilizing but Risks Remain

Laos has made progress in stabilizing its economy after a period of high inflation and exchange rate pressure, but significant risks remain, according to...

Laos, China Boost Oversight of Key Projects Ahead of 65th Anniversary

Laos and China are ramping up the monitoring of key infrastructure and energy projects as they prepare for the 65th anniversary of their diplomatic...

Laos Inflation Climbs to 6.2 Percent in February 2026, Driven by Housing, Energy Costs

Laos’ inflation rate rose to 6.2 percent in February 2026, up from 5.1 percent in the previous month, indicating renewed price pressures after a...

Golden Triangle SEZ Tax Revenue Plunges 49% in 2025 as Hundreds of Businesses Shut Down

Tax revenue in the Golden Triangle Special Economic Zone (SEZ) in Bokeo Province dropped nearly 49 percent in 2025, following the closure of 551...

Laos Prioritizes Self-Reliant Economy in Next Five Years

The Lao government has planned to build a self-reliant and sustainable economy, leaders said Prime Minister Sonexay Siphandone at the latest government meeting on...

Asian Development Bank Beefs Up Lao Livestock with USD 42.9 Million Project

Lao authorities have launched a new livestock development project backed by USD 42.9 million in funding from the Asian Development Bank (ADB). The financing package...