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,...

Xayaboury Produces 1.56 Million Tons of Cassava in 2024, Boosts Exports to Thailand

In 2024, farmers in four southern districts of Xayaboury Province cultivated nearly 54,000 hectares of cassava, producing approximately 1.56 million tons. With Thailand as...

Vietnam, Laos Promote Trade, Industrial, Energy Cooperation

On 3 January, the Ministry of Industry and Trade of Vietnam and the Lao Embassy in Vietnam agreed to continue coordinating closely to promote...

New Lao-Thai Bridge Close to Completion

Construction of the fifth “Friendship Bridge” across the Mekong River, linking Bolikhamxay Province in Laos and Bueng Kan Province in Thailand, is now 96.64...

Lower Inflation in Laos in 2024, but Cost of Living Remains High

Laos’s inflation rate dropped in 2024 to 21,3 percent, down from 31,2 percent in 2023, according to official reports. Despite this decline, the cost of...

Lao Government Addresses 73,000 Illegal Workers Abroad

The Lao government has revealed that more than 73,000 Lao workers are currently working abroad illegally, particularly in neighboring countries, despite the government's efforts...

ChildFund Bids Farewell to Laos After 14 Years

After 14 years of development work in Laos, ChildFund in Laos held its close-out ceremony today in Vientiane. The event recognised the organisation's dedication...