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,...

Government Holds Job Fair Amidst Labor Shortage Crisis

Desperate situations call for desperate measures. Laos held a job festival on 22 March in Vientiane Capital in a move to seek recruitment for...

Laos Drops in Global Happiness Rankings, Economic Factors Play Key Role

In the 2024 global happiness report, Laos has slid down to the 94th position among more than 140 countries worldwide, marking a decline of...

Australia Joins World Bank to Support Laos’ Land-Linked Agenda

Greater connectivity is a goal for Laos and a goal for ASEAN. This is why the World Bank and the Government of Laos have...

Government Faces Backlash After Notice of ‘Low’ Subsidy Raise for Civil Servants

The Lao government announced an increase in extra monthly subsidy by LAK 150,000 (USD 7.15)  for civil servants, including soldiers, police officers, retired employees,...

Australia’s Strategic Investments Propel Mekong Subregion Forward

Laos is central to the economic development of the Mekong subregion. The ongoing expansion of basic infrastructure in Laos is a key national priority....

Houaphan Authorities Investigate Chemical Leak from Mining Company

Houaphan's provincial authorities are promptly responding to reports of chemical discharge from Laos-China Rare Mineral Development Company North 2 Limited into a river in...