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,...

Survey Complete for Vientiane-Luang Prabang Expressway Link

The survey and preliminary design of an expressway, linking Vangvieng district in Vientiane province to Luang Prabang province, have been finalized. This development signals...

Migrant Workers from Laos, Cambodia, Myanmar Under Labor Agreement Advised to Leave Thailand by End of April

In an announcement dated 19 April, the Thai government issued a warning to workers from Laos, Cambodia, and Myanmar, urging them to depart Thailand...

Lao GDP Forecasted to Grow in 2024-2025, Says Asian Development Bank

Laos is expected to see moderate economic growth this year and next year, largely driven by external demand fueled by tourism and trade, as...

New Water Bill Receipt Fee Sparks Outrage Among Residents in Bokeo

Bokeo Province's Water Supply State Enterprise has stirred controversy with a new regulation requiring households to pay LAK 10,000 (approximately USD 0.47) for every...

Sustained Inflation in Laos Forces Shift in Employment Patterns, Hits Low-Income Families Hardest: World Bank Reveals

Laos is grappling with significant shifts in its job market and socio-economic landscape as a result of prolonged inflation, as per the latest findings...

Mekong Day Celebrations Emphasize Cooperation, Conservation Efforts

Representatives from Mekong Basin nations, along with development partners, convened at the Mekong River Commission (MRC) Secretariat to mark the 29th Mekong Day, focusing...