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 Government Imposes Higher Fines to Curb Unlawful Mining Practices

In a move to penalize mining companies that carry out unlawful practices, the government has issued fines of over a billion kip to ensure...

Luang Prabang Targets 1.7 Million Tourists Amid Heritage Preservation Concerns

Luang Prabang is set to dazzle visitors in Visit Laos Year 2024, aiming to attract both domestic and international visitors throughout the year. However,...

Laos Partners with Chinese Firm for Tech Advancement in Mineral Exploration, Environmental Management

The Lao government has joined forces with a Chinese firm to revolutionize mineral exploration, natural resource mapping, urban planning, and environmental management across Laos. On...

Oxfam Warns of Trillionaire Emergence as Wealth Soars Amid Global Poverty

The wealth of the world's five richest individuals has soared by an alarming 114 percent since 2020. With Oxfam predicting the emergence of the...

Tallest Building in Laos to Open in March, Marking 75th Army Anniversary

The upcoming 75th anniversary of the Lao People’s Army will be marked with the grand opening of the towering 33-story Latsavong Plaza in central...

Agroforestry Project for Sustainable Agriculture to Launch in Laos

A new agroforestry coffee plantation project dedicated to fostering sustainable agriculture and environmental conservation is poised to take root in Laos. The project aims...