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: June Inflation Hits 26.2 Percent, Highest in 2024

The inflation rate in Laos in June rose to 26.2 percent, up from 25.8 percent in May, marking the highest rate the country has...

Laos, South Korea Strengthen Ties with Early Warning System Grant

The Korea Meteorological Administration (KMA) has granted USD 4 million to the Department of Meteorology and Hydrology (DMH) in Laos. The funding aims to...

Lao PM Highlights Drug Threat, Urges Unity on Anti-Drug Day

On the 37th anniversary of International Anti-Drug Day, 26 June, Lao Prime Minister Sonexay Siphandone addressed the nation, reflecting on the country's efforts and...

Laos Begins Comprehensive Review of 2015 Constitution for Major Amendments

The National Committee for the Amendment of the Constitution commenced the review process of the 2015 Constitution on 20 June to make necessary revisions...

Dengue Fever Education Sessions Boost Awareness in Two Xaysomboun Villages

Local communities in Nam Mo and Nam Gnone, Xaysomboun Province, should now be better prepared to fight Dengue Fever thanks to recent education sessions...

Bank of Laos Raises Interest Rate to 10% Amid Economic Challenges

The Bank of the Lao PDR (BOL) has announced an increase in its interest rate for short-term loans from 8.5 percent to 10 percent...