Economics

Laos’ Inflation Rate Rises to 7.9% in September

Laos' inflation rate rose to 7.9 per cent in September, up from 7.7 per cent in August and 7.6 per cent in July, driven mainly by higher fuel prices, adjustments to education-related goods and services for the new academic year, and seasonal price fluctuations.

Economics
Lao Gold Festival 2026 Promotes Development of Lao Gold Industry and Global Market Links
9/7/2026 11:42:34 AM
The Lao Gold Festival 2026 officially opened on September 4, 2026, at the National Convention Hall in Vientiane under the theme “Lao Gold to Global Gold,” bringing together Party and State leaders, invited guests, and domestic and international entrepreneurs from the gold and jewelry sectors.
Economics
Made in Laos Exhibition 2026 to Feature 160 Companies from Across the Country
9/1/2026 4:58:21 PM
The Made in Laos Exhibition 2026 will be held from October 3–11 at the Lao-ITECC Exhibition Center in Vientiane Capital, bringing together 160 companies from 17 provinces to showcase Lao-made products and services.
Economics
National Steering Committee Launches One-Stop State Service Reform
7/24/2026 12:09:30 PM
Laos has taken a major step toward modernizing public administration with the inaugural meeting of the National Steering Committee for the One-Stop State Service Mechanism, chaired by Deputy Prime Minister Saleumxay Kommasith on July 23 in Vientiane.
Economics
Lao PDR: Preserve Stability and Sustain Reforms Amid Higher Energy Prices
7/17/2026 7:08:11 PM
Lao PDR has shown greater resilience to the global oil shock triggered by the Middle East conflict in 2026, supported by sustained policy adjustments that helped lower inflation, stabilize the kip, rebuild foreign reserves, and improve debt dynamics.
Economics
World Bank Projects Moderate Growth for Laos as Global Risks Persist
7/9/2026 4:29:50 PM
The World Bank has projected that the Lao economy will grow by 3.8 percent in 2026, warning that recent macroeconomic improvements remain fragile amid renewed global uncertainty and rising oil prices.
Economics
Multiple Factors Prevent Goods Prices from Falling in Line with Fuel Costs
7/7/2026 7:36:28 PM
The Ministry of Industry and Commerce has attributed the continued high prices of goods and services, despite declining fuel prices, to a combination of economic factors, while reaffirming that strict measures are being implemented to strengthen price monitoring and protect consumers. Speaking during the First Extraordinary Session of the 10th National Assembly on July 7, Minister of Industry and Commerce Malaythong Kommasith said the slow adjustment in prices reflects several underlying factors.
Economics
National Assembly Urges Government to Accelerate Economic Growth and Structural Reforms
7/6/2026 8:16:17 PM
The National Assembly Standing Committee has called on the Government to accelerate socio-economic development, maintain macroeconomic stability, and implement structural reforms to achieve the country's 2026 development targets.