Laos growth resilient despite economic headwinds


VIENTIANE (Vientiane Times/ANN): Despite a new set of challenges like the long dry season, Covid-19 outbreak, and US-China trade war, Laos looks set to enjoy stable growth of at least 6 per cent, possibly 6.3-6.4 per cent.

According to a report by the National Institute for Economic Research, electricity production will help spur the economy, especially the Xayaboury hydropower plant, which started commercial operations in December.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Laos , economy , growth ,

Next In Regional

Taxi driver killed, 11 others injured as vehicle hits Discovery Bay bus and truck
TikTok darling and Cambodia's famous daughter Princess Norodom Jenna will headline the opening ceremony of the Asean Hyundai Cup
Trump touts Iran inspection deal as Tehran disputes claim
9.3 million�illicit cigarettes seized by Customs
Japan 'robot wolves' in high demand to scare off bears
Lula won’t sideline China or anyone in rare earths, tells Trump refining stays in Brazil
Asean still not ready to accept Myanmar leaders at summits, meetings, says Tok Mat
Anwar holds bilateral talks with S'pore, Laos counterparts
Asean vows to avoid export bans, share fuel as oil prices soar
China AI robot restaurant analyses diners’ faces, tongues to recommend health-focused dishes

Others Also Read