January inflation rate soars to new high of 40.3 percent

Year-on-year inflation in Laos jumped to 40.3 percent in January, the highest rate in 23 years, according to the latest report from the Lao Statistics Bureau. The government is attempting to curb the rising cost of goods and services but prices are showing no signs ...

Somsack Pongkhao

Customs payments on freight rise steeply at Boten border crossing

The amount of revenue collected from tariffs/fees paid at the Boten International Customs Checkpoint on the Laos-China border exceeded 661.5 billion kip in 2022, which was 28.33 percent more than the target figure. Head of the Boten International Customs Checkpoint, Mr Vilakone Kettavong, recently attributed ...

Somsack Pongkhao

Thai Railway Delegation Visits Laos for Transportation Discussions

The delegation was led by Athipu Chitranukroh, Deputy Director-General of the Department of Rail Transport (DRT), and Kitjaluck Srinuchsart, Deputy Director-General of the Thai Customs Department. Representatives of Thailand’s Railway Technology Development Institute also participated in the visit, according to a DRT news update. The two sides ...

Latsamy Phonevilay

Laos Sees a Trade Deficit of USD 23 Million in December

According to the Lao Trade Portal, the country recorded a trade deficit of USD 23 million in December, which is considerably lower than the trade deficits of USD 45 million and USD 230 million reported in November and October, respectively.The overall value of trade hit USD ...

Phontham Visapra

China-indebted Laos way more broke than advertised

Laos’ public debt could climb to nearly 95% of GDP by the end of 2022, making it one of the most heavily indebted and mostly likely to default nations in Asia, according to World Bank estimates published this month.Significantly, the World Bank’s already dire debt ...

DAVID HUTT

Money exchange units banned from selling foreign currency

Money exchange units that represent commercial banks are now prohibited from selling foreign currency, according to the Bank of the Lao PDR. Became effective on October 11, the ban supports the government’s attempts to give commercial banks a greater role in the purchase and sale ...

Times Reporters

Slower growth projected for Lao economy: World Bank

Economic growth in Laos is expected to be slower than forecast in April due to both external and internal factors, according to a report issued by the World Bank on Monday.  According to the World Bank, economic performance across developing East Asia and the Pacific, ...

Somsack Pongkhao

The transformation of Laos from land-locked to land-linked

As the only landlocked country in South East Asia, Laos depends on neighbouring countries’ infrastructure to import and transport its goods. As a result, the success or failure of Laos depends on the efficiency of these countries’ infrastructure networks. Laos’ international logistics system largely depends ...

Souksakhone Phengsavath

Inflation rate closes in on two digits

The year-on-year inflation rate in Laos surged to 9.9 percent in April, the highest figure recorded since January 2016, according to the latest report from the Lao Statistics Bureau. The consumer price index jumped at its fastest pace in recent months, further putting the squeeze ...

Souksakhone Vaenkeo

Laos’ Surging Inflation a Cause for Concern

Inflation in Laos is set to move beyond a six-year high, jumping from 6.25 percent in January to 7.3 percent in February, according to the Lao Statistics Bureau. While the government had set a target of at least 4% annual GDP growth from now through 2025, ...

Latsamy Phonevilay

Contact us

Contact us

Do you have questions on the content published by Open Development Laos? We will gladly help you.

Have you found a technical problem or issue on the Open Development Laos website?

Tell us how we're doing.

Do you have resources that could help expand the Open Development Laos website? We will review any map data, laws, articles, and documents that we do not yet have and see if we can implement them into our site. Please make sure the resources are in the public domain or fall under a Creative Commons license.

File was deleted
ERROR!

Disclaimer: Open Development Laos will thoroughly review all submitted resources for integrity and relevancy before the resources are hosted. All hosted resources will be in the public domain, or licensed under Creative Commons. We thank you for your support.

rLY2D
* The idea box couldn't be blank! Something's gone wrong, Please Resubmit the form! Please add the code correctly​ first.

Thank you for taking the time to get in contact!