Economy

Lao Scholar Draws on History to Explore What Makes a Country ‘Great’

In many Lao communities, temples are among the cleanest places around. People sweep the grounds, tend to the gardens, and take care of the buildings. There is a shared understanding that these places are sacred, belong to everyone, and that caring for them is a collective responsibility. But why doesn't...

Laos’s Credit Rating Upgraded After Bond Sale, Hong Kong Tax Pact

Laos has received a credit rating upgrade after issuing a USD 500 million international...

Laos Eyes 500MW Renewable Electricity Export to Singapore

Laos is eyeing a major expansion of its clean energy exports following a proposed...

Laos Orders Local Trade Offices to Stop Restricting Business Competition

The Ministry of Industry and Commerce has ordered trade offices nationwide to stop imposing...

Laos Inflation Eases to 7.7 Percent as Electricity Costs Remain High

Laos’ inflation edged down to 7.7 percent in October from 7.8 percent in September,...

Laos Mining Sector Attracts Over USD 2.4 Billion in 2024 Investments

Laos' mining industry attracted nearly USD 2.5 billion in investments in 2024, surpassing annual targets and showcasing the sector’s critical role in driving economic...

New Strategy Set to Streamline Trade, Logistics Operations in Laos

On 21 January, the Ministry of Industry and Commerce held a nationwide meeting to approve the draft Trade and Transport Facilitation Strategy 2025-2030. The...

Xekong Province Takes Action to Combat Growing School Dropout Rates

Xekong Province is stepping up efforts to address the rising school dropout rates, which continue to challenge local education systems, authorities said. Provincial officials are...

Families Settle into New Homes as Nam Khan 3 Hydropower Project Progresses

In Laos, the peaceful life of many villages is often disrupted by major infrastructure development projects aimed at promoting greater economic benefit. One such...

Luang Namtha Reports Over 20,000 Land Titles Destroyed in 2024 Floods

Luang Namtha Province experienced severe flooding in 2024, leading to significant destruction, including the loss of 20,000 land titles, according to the provincial authorities. The...

Laos Ranks Seventh Among ASEAN Countries Sending Workers to South Korea

Laos has been ranked seventh among ASEAN countries in terms of sending workers to South Korea, with 2,969 Lao nationals currently employed there, according...