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, China Collaborate to Advance Traditional Medicine

Traditional medicines in Laos are poised for broader recognition as a state-run pharmaceutical enterprise partnered with three Chinese agencies to enhance the therapeutic potential...

Lao Government to Raise Value-Added Tax Rate to 10 Percent

The Lao government has announced plans to raise the value-added tax (VAT) rate from 7 percent to 10 percent as part of efforts to...

Cassava Leads Lao Exports in January 2024 Amid Trade Deficit

Cassava emerged as the leading export product in the initial month of this year,  according to reports from Lao government sources. Continuing a trend...

Cross-Border Tourism: 2024’s First Beijing to Laos Tourist Train Departs From Chinese Capital

The first Beijing to Laos cross-border tourist train of 2024 departed from the Chinese capital during the early hours of Monday morning, 18 March....

Lao Students Bid Farewell as They Embark on Scholarship Programs in Japan

Lao students set to pursue their studies in Japan received a warm farewell during a send-off reception hosted at the residence of the Ambassador...

EU-ASEAN Relations Reach New Heights with New Development Projects in Laos, the Region

The longstanding partnership between Laos and the European Union (EU) reached new heights with the recent official visit of Jutta Urpilainen, European Commissioner for...