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,...

Early Completion of Savannakhet Bridge Boosts Connectivity

Savannakhet celebrated the early completion of a new bridge across the Xechamphone River in Nathom Village, Atsaphone district on 20 August. The 100-meter-long bridge was...

Laos Advances Disability Rights with New Driving License Agreement

Laos is continuing to strengthen its commitment to improving the lives of its disabled citizens. Recent developments include the publication of a new agreement...

Lao Government Launches Detailed Plan to Tackle Inflation, Stabilize Currency by Year-End

In a bid to curb inflation and stabilize the Lao economy, Prime Minister Sonexay Siphandone unveiled a strategic plan on 14 August. This new...

Lao National University Sees Record Low in 2024 Entrance Exam Enrollment Amid Job Market Concerns

The National University of Laos (NUOL) is witnessing a severe drop in students taking entrance exams, with the latest statistics showing a significant decline...

Vietnam’s Investment in Laos Hits USD 5.5 Billion

Vietnamese investment in Laos has reached a total of USD 5.5 billion across 256 projects. These figures were released on 18 August at a conference...

International Traffic Soars to New Heights at Laos-China Border

Mohan Port on China’s border with Laos has reported a significant surge in international passenger traffic this year, according to data released by Chinese...