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News from Laos

ADB lowers growth forecast for Lao economy this year (25/09/2023-11:02:00 AM) The Asian Development Bank (ADB) has revised down its growth forecast for the Lao economy in 2023 to 3.7%, from a 4.0% projection released in April.
Lao government pledges to solve economic difficulties (30/06/2023-13:07:00 PM) Despite challenges, Laos’s economy is projected to grow by 4.8% in the first six months of 2023, Lao Prime Minister Sonexay Siphandone has said.
Laos’s inflation rate reduces in June (30/06/2023-12:01:00 PM) Laos saw its inflation rate fall sharply from 38.86% in May to 28.64% in June, according to the Lao Statistics Bureau.
Lao economy forecast to maintain growth (22/05/2023-09:18:00 AM) Lao researchers are optimistic about the growth of the Lao economy, which is projected to expand by 4.5 % this year amid global economic challenges.
Laos boosts agricultural production, exports in 2023 (08/05/2023-21:47:00 PM) Laos will focus on boosting production in the agricultural sector to both ensure food security and promote exports this year, according to the country’s socio-economic development plan for 2023.
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