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 Government Reshuffles Key Positions Across Ministries

The Lao government has announced a significant reshuffle of key positions across various ministries following a month-long session at the National Assembly (NA). One of...

Laos Adopts New Laws to Boost Socio-Economic Growth

The National Assembly (NA) of Laos has officially adopted 13 laws aimed at enhancing the country's socio-economic growth. This decision followed extensive debates among...

Laos Kicks Off Green Bus Trials to Boost Public Transport in Four Provinces

Several provinces in Laos have commenced trials of new public “green bus” transportation services aimed at enhancing local infrastructure and reducing traffic congestion. The buses...

Laos to Implement Key Measures to Tackle Labor Shortage

Minister of the Ministry of Labour and Social Welfare Baikham Khattiya announced a series of measures to tackle the labor shortage during the seventh...

Laos: Electricity Consumption Surges 45 Percent in Three Years

The electricity sector in Laos is facing significant challenges. According to a report from the Ministry of Energy and Mines, electricity consumption has surged...

High-Tech River Management: USAID, MRC Fund Remote Sensing for Mekong Basin

The United States Agency for International Development (USAID) has entered into a grant agreement with the Mekong River Commission (MRC), pledging up to USD...