News

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

Lao PDR: Economy Recovers then Falters Again under COVID-19

The Lao economy is on course for moderately improved growth in 2021, despite the second wave of COVID-19 denting the promising economic recovery made early in the year. The World Bank’s latest Economic Monitor for Lao PDR — A Path to Recovery —predicts that GDP ...

KPL

Restructure the economy, expert advises

To ensure steady economic growth, Laos would be well advised to restructure the economy with a view to stability and sustainability and in ways that reverse the current slowdown, a top analyst has advised.More ...

Times Reporters

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