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-Thailand Railway Prepares for Official Opening with Trial Runs

Laos and Thailand have commenced a trial run of the new cross-border railway service before its official launch, which is expected to be announced...

Second Lao University Games Concludes with NUOL Triumph

The second Lao University Games wrapped up in Vientiane on 13 May with the distribution of hundreds of medals to Lao athletes.  Held at the...

Lao Government Mandates Licensing for Commercial Land Use

In a move aimed at regulating land-related businesses and tax management, the Lao government has introduced a ban on issuing land titles to buyers...

Lao Ministry Warns Foreign Tourists Against Illegal Currency Exchange

The Office of the Lao Ministry of Information, Culture, and Tourism has recently issued a notice cautioning foreign tourists against engaging in unlawful currency...

Japan Boosts Road Repair Efforts in Laos with New Equipment Handover

Laos, like many developing nations, faces challenges in maintaining its road networks, which are crucial for transportation and connectivity. Recognizing the importance of well-maintained...

Heatwave Strains Power Supply Across Laos: Electricity State Company Responds to Public Backlash

Electricite Du Laos (EDL) has responded to the growing criticism for their delayed actions in addressing the frequent power outages due to high electricity...