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,...

Vehicles Queue Up at Petrol Stations as Vientiane Residents Fear Upcoming Fuel Shortage

UPDATED January 24, 11:00 am Over the weekend, Vientiane Capital started experiencing an increase in the number of vehicles lining up at petrol stations, raising worries...

Laos-China Railway Boosts Daily Trips in Preparation of Tourism Surge

The Laos-China Railway Company has announced that it will increase the daily trips of its passenger trains to 12 journeys a day from the...

‘Battery of Southeast Asia’ Plans Move Forward as Laos Enhances Trade Capacity With Cambodia

Laos and Cambodia have reiterated their commitment to enhancing energy trade between the two countries, following the establishment of a 500-kilovolt transmission line in...

ASEAN Nears 35 Percent Renewable Energy Target

Solar and wind energy capacity in the Association of Southeast Asian Nations (ASEAN) region witnessed a 20 percent increase in 2023, reaching a total...

Government Cracks Down on Corruption, Grants Amnesty in Commitment to Social Justice

Savannakhet authorities disciplined 69 officials through expulsion and dismissal over corruption allegations, while the Lao government granted amnesty to more than 1,800 prisoners. These...

Laos Enhances Business Infrastructure With Streamlined Approval Process

In a move to foster a more conducive business investment environment, the Lao government has approved a new regulation set to slash the registration...