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,...

Houaphanh’s Nam Xang River Turns Red Due to Iron Ore Wastewater Discharge

On 12 January, an overflow of wastewater from an iron ore washing reservoir in Viengxay district, Houaphanh Province, turned the Nam Xang River dark...

Vietjet to Boost Aviation Infrastructure in Laos

Vietnamese airline Vietjet has signed an agreement to support Laos in advancing its aviation infrastructure.  The partnership, announced on 10 January, was overseen by Lao...

Electricity Exports Lead Laos’ Trade Revenue in 2024

In 2024, electricity exports continued to lead Laos’ export revenues, generating nearly USD 980 million and accounting for 15.35 percent of total exports, according...

Laos Steps Up Fight Against Wildlife Trafficking Amid Rising Demand

Authorities in Laos continue to intensify efforts against wildlife poaching and trafficking, with recent operations leading to the arrest of a suspect in Khammouane...

Laos, Vietnam Launch Cross-Border QR Code Payment System

On 9 January, Laos and Vietnam officially launched a cross-currency transaction service, connecting their cross-border retail payment systems via QR codes. This initiative, a collaboration...

Nearly Three Hundred Families Still Await Compensation for Lao-China Railway Project

Nearly 300 families affected by the Lao-China Railway project are still waiting for compensation promised by the government, as ongoing challenges hinder the process....