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,...

Lao Kip Continues to Depreciate Despite Government Measures

The Lao government is taking steps to address the ongoing depreciation of the national currency, the Lao kip, and the skyrocketing inflation rates. However,...

New Expressway Section from Oudomxay to Boten Gets Green Light

The Lao government has approved the construction of the fourth section of the Laos-China expressway connecting Oudomxay Province to Boten at the Chinese border...

National University of Laos to Admit 5,920 New Students

The National University of Laos (NUOL) has announced that it will accept 5,920 new students for the 2024-25 academic year, with over 4,000 applicants...

USAID Pledges USD 15 Million to Aid Persons with Disabilities in Laos

The United States Agency for International Development (USAID) is set to provide Laos with up to USD 15 million to improve the lives of...

Laos to Raise VAT to 10 Percent on Digital Platforms

Starting 1 August, digital platforms like Google, Facebook, and Amazon will enforce a 10 percent value-added tax (VAT) on customers in Laos, following the...

Over 10,000 Lao Students Study in Vietnam with Government Aid

Vietnam has become a hub for higher education for more than 10,000 students from Laos,  supported by government scholarships and other funding avenues. The Lao...