Laos > Economy

Only 33% of export receipts flow back to Laos’ economy

05/20/2022 08:04

Laos is facing a challenge with respect to foreign currency outflow, which is more than the amount of foreign currency entering the country through the banking system.

Laos > Economy

Laos’ on-year inflation rate closes in on two digits

05/10/2022 08:20

The year-on-year inflation rate in Laos surged to 9.9 per cent in April, the highest figure recorded since January 2016, according to the latest report from the Lao Statistics Bureau.

Laos > Economy

Laos registers trade surplus of $100 million in March

05/03/2022 12:24

Laos registered record two-way trade of $1.100 billion, including exports of $600 million and imports worth approximately $500 million, in March, resulting in a trade surplus of $100 million.

Laos > Economy

Laos enjoys further trade surplus in Q1

04/21/2022 09:55

Laos recorded a trade surplus in the first three months of this year, despite the continuing depreciation of the kip and rising the cost of production and consumables.

Laos > Economy

Laos-Vietnam trade revenue rises to $1.37B

04/13/2022 08:06

The value of trade between Laos and Vietnam last year soared to $1.37 billion, up 33.32 per cent from 2020, with the value in the first two months of this year rising by 15.39 per cent to nearly $243.2 million, according to the Lao Ministry of Industry and Commerce.

Laos > Economy

Laos’ on-year inflation hits record 8.5% in March

04/11/2022 16:51

The year-on-year inflation rate in Laos surged 8.5 per cent in March, even more than expected, and rose to the highest figure recorded since January 2016.

Laos > Economy

ADB sees 2022 Lao GDP rise at 3.4%

04/08/2022 05:59

Lao's economy is projected to grow 3.4 per cent this year and 3.7 per cent in 2023, due to the country’s investments to boost exports, according to the Asian Development Outlook (ADO) 2022 released by the Asian Development Bank (ADB) on April 6.

Laos > Economy

Laos, VN try for 10-15% uptick in trade this year

04/06/2022 08:07

Trade between Laos and Vietnam is expected to grow this year even as the two countries continue to battle the Covid-19 pandemic, inflation, and the spiralling price of fuel.

Laos > Economy

Laos inflation jumps to six-year high of 7.3 per cent

03/22/2022 08:33

Laos’ year-on-year inflation rate jumped to 7.3 per cent last month, the highest figure recorded in the Southeast Asian country since January 2016.

Laos > Economy

Fuel prices, kip depreciation drive up inflation in Lao PDR

03/15/2022 08:02

Fuel prices have increased six times in a period of just two months and 10 days, sparking greater concerns about the rising cost of living in Laos.


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