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,...

Lao Government Rolls Out New Tax Regulations on E-Commerce

The Ministry of Finance announced a new regulation on mandatory tax payments for all digital shopping platforms in its latest notice, released on 14...

Efforts Underway to Enhance Tourism Standards in Laos

The Lao government, along with stakeholders in the tourism sector, is increasing efforts to elevate tourism standards with the aim of attracting more visitors...

Laos, Thailand to Implement Permanent Border Checkpoint, Boost Trade Cooperation

Update; Laos and Thailand have joined forces to elevate a temporary border trade checkpoint to a permanent facility, aiming to bolster trade relations between the...

Savannakhet Takes Initiative in Weather Monitoring With Advanced Equipment

Savannakhet Province is set to become the first province in Laos to revolutionize its weather monitoring capabilities with the installation of state-of-the-art Light-Emitting Diode...

Lao Government Green Lights 1200 MW Wind Power Project, Largest to Date

In a major boost for renewable energy in Southeast Asia, the Lao government signed a Project Development Agreement (PDA) with Savan Vayu Renewable Energy...

Laos Vows to Graduate from Least Developed Country by 2026

The Lao government has pledged to complete its Sustainable Development Goals (SDG) and carry the nation out of the Least Developed Country (LDC) status...