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 Records 4.8 Percent Growth in 2025, Sets Higher Economic Targets for 2026

Laos recorded economic growth of 4.8 percent in 2025, signalling a steady recovery across major sectors, according to the Lao Statistics Bureau.  Services, manufacturing, and...

Laos Breaks Ground on 230 kV Transmission Line Project in Northern Laos

Laos launched construction of a new 230-kilovolt (kV) transmission line on 30 January in northern Laos, connecting Luang Prabang and Xieng Khouang provinces. The 186-kilometer...

Laos Targets Upper-Middle-Income Status by 2035 Through Growth and Fiscal Reform

The Lao government has reaffirmed its long-term development ambitions, linking sustained economic growth and tighter fiscal management to a goal of reaching upper-middle-income status...

Asian Development Bank Urges Faster Infrastructure Delivery as Vientiane’s Bus Rapid Transit System Stalls

The Asian Development Bank (ADB) has called on Laos to speed up the implementation of major infrastructure projects, as delays continue to affect high-profile...

Laos Inflation Eases to 5.1 Percent in January 2026 as Utility Costs Drive Price Pressures

Laos recorded an inflation rate of 5.1 percent in January 2026, down from 5.6 percent in December 2025, as the country continues to grapple...

Laos, Vietnam Agree to Deepen Cooperation Across Seven Key Sectors

Laos and Vietnam have agreed to strengthen cooperation across seven key sectors, reaffirming their commitment to deepen political trust and expand practical collaboration following...