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...

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...

Seven New Ambassadors Present Credentials to Lao President

On 17 February, President of Laos Thongloun Sisoulith received letters of credence from seven newly appointed foreign ambassadors. The ambassadors represent Thailand, Finland, Egypt, Georgia,...

Laos, United Arab Emirates to Cooperate on Digital, AI, Cybersecurity, Economy

Laos has taken new steps to strengthen its digital security as the government pushes ahead with online services, artificial intelligence, and digital finance. During the...

Champasak Welcomes Nearly 730,000 Tourists, Exceeds Annual Target

Champasak Province recorded positive tourism growth in 2025, welcoming nearly 730,000 visitors and reaching 207 percent of its annual target, according to provincial authorities. The...

Hungary Advances Wastewater Project in Vientiane, Extends Scholarships for Laos

Hungary has moved forward with key development support for Laos, reviewing progress on a major wastewater treatment project in Vientiane and confirming continued scholarship...