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’ Inflation Rate Drops to 20.7 Percent in October

Laos's inflation rate dropped slightly in October to 20.7 percent, down from 21.7 percent in September, according to official reports. According to data from the...

Laos Celebrates National Handicraft Day, Honoring Heritage, Economic Impact

Laos commemorates its National Handicraft Day on 1 November, celebrating the nation’s rich heritage and the economic value of its traditional crafts. Established in...

Vientiane Province Boosts Tourism Goals with 1.3 Million Visitor Target by End of 2025

Vientiane Province is actively boosting tourism to position the industry as a key economic driver, with a goal to attract over 1.3 million visitors...

Lao, Vietnamese Leaders Advance Plans for Rail, Road Connections

In a push for regional connectivity and economic cooperation, Laos and Vietnam are accelerating infrastructure initiatives, focusing on the Vientiane-Vung Ang railway project. This...

First Direct Export of New Energy Buses from Guizhou to Laos Begins via China-Laos Railway

CGTN - A train carrying 28 China-made new energy buses departed on 28 October from the Dulaying International Land-Sea Logistics Port in Guiyang, Guizhou...

Lao Government Plans Salary Hike, Sectoral Staffing Increase for 2024

During its monthly meeting on 24 October, the Lao government announced 2025 plans to raise civil servant salaries, expand staffing quotas across various sectors,...