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,...

Rising Interest in Chinese Language Reflects Future Job Prospects for Lao Youth

The younger generation in Laos is showing a growing interest in learning the Chinese language, recognizing the potential for future job opportunities amidst a...

Applications Now Open for Australia Awards Scholarships for Study in 2025

The Australian Embassy in Laos is pleased to announce the opening of applications for the prestigious Australia Awards Scholarships for study in Australia commencing...

Lao Residents Vent Frustrations Over Passport Application Process

Residents are expressing their frustrations on social media regarding the cumbersome process of obtaining passports, despite recent announcements about the availability of numerous online...

Laos Exceeds Agricultural Export Target, Trade Deficit Remains

Over the past year, Laos earned an estimated USD 1.4 billion from agricultural exports, exceeding targets set by the government by 20.18 percent. According to...

Debt-Stricken Sri Lanka Signs a Free Trade Pact With Thailand

COLOMBO, Sri Lanka (AP) — Debt-stricken Sri Lanka signed a trade pact with Thailand on 3 January in a bid to boost trade and...

BCEL Launches New Payment App for Tourists During Visit Laos Year 2024

Banque pour le Commerce Exterieur Lao Public (BCEL) has unveiled the EZyKip application in a bid to streamline currency exchange for tourists visiting Laos...