Economy

Vietnam, Philippines Reach Upper-Middle-Income Status as Laos Eyes 2035 Target

Vietnam and the Philippines have been reclassified as upper-middle-income economies by the World Bank, leaving Laos, Cambodia, Myanmar, and Timor-Leste as the only ASEAN members still in the lower-middle-income category. The annual income classifications, released on 1 July, place seven of ASEAN's 11 members in the upper-middle-income bracket or higher....

Former EDL Executives, Senior Officials Get Life in Landmark Laos Corruption Cases

On 1 July, the Vientiane Capital People’s Court announced verdicts in four major corruption...

Vientiane Completes New 9.3-Kilometer Mekong Embankment

On 1 July, Vientiane officially opened a new 9.3-kilometer stretch of Mekong riverfront featuring...

China-Laos Low-Carbon Project Expected to Cut Emissions by More Than 1,200 Tons Annually

The Vientiane-Saysettha Low-Carbon Demonstration Zone is expected to reduce carbon emissions by more than...

Lao President’s Book Donated to 22 Lao Schools Across Vientiane

More than 22 schools across Vientiane Capital received copies of President Thongloun Sisoulith’s memoir...

While Exports Flow, Low-income Families Bear the Heat of an Uneven Grid

Additional reporting by Simmavanh Vayouphack When temperatures climbed above 40°C across many parts of Laos this summer, Lao Friends Hospital for Children on the outskirts...

Resettlement Progresses in Oudomxay as Dam Project Moves 845 Families

Authorities in Oudomxay confirmed on 2 May that 845 families, 4,252 people, in Nga district face impacts from the ongoing construction of the Luang...

Laos Signs Feasibility Agreement for Two New Expressway Sections to Chinese Border

The government of Laos and China’s Hunan Banying Industrial Group have signed a feasibility agreement to study and design two new sections of the...

Laos, Lithuania Sign New Cooperation Agreement to Boost Diplomatic Ties

On 27 April, Lao Foreign Affairs Minister Thongsavanh Phomvihane and Lithuanian Foreign Minister Kestutis Budrys signed a new bilateral cooperation agreement in Bandar Seri...

United States Sets Preliminary 22.46 Percent Duty on Lao Solar Imports

The United States has announced a new preliminary anti-dumping duty of 22.46 percent on solar products imported from Laos as part of an investigation...

Laos Inflation Rises to 10.2% in April as Fuel and Household Costs Climb

Laos continues to face pressure from inflation as the inflation rate stood at 10.2 percent in April, according to the Lao Statistics Bureau. The figure...