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 to Grow EV Market, Fueled by Renewable Energy Ambitions

The burgeoning popularity of electric vehicles (EVs) in Laos has marked significant growth in 2023, with a total of 4,631 EVs sold, comprising 2,592...

Lao Government Rejects Claims of Luang Prabang’s World Heritage Status Threat Amidst YouTube Controversy

In response to a video uploaded on a Thai YouTube channel, the Lao government has denied claims that Luang Prabang town is at risk...

Vietnam Considers Importing Electricity From Laos to Tackle Power Shortage

In response to the persistent power shortages in Northern Vietnam, the Vietnam Electricity Group (EVN) has put forth a proposal to import wind power...

Hong Kong Stands Ready to Cooperate With Laos on Yuan Trading, Green Financing

Hong Kong has identified three areas for cooperation with Laos and Vietnam during the Secretary for Financial Services and the Treasury’s visit to the...

Lao-American Author Goes Beyond Borders With ‘Sticky Rice for Lunch’

Children's literature has a new gem on its bookshelves. Rooted in cultural identity and acceptance, "Sticky Rice for Lunch" by Jacob (Jake) Singhavong offers...

Tracing Toll of Covid-19 Pandemic on Tourism Industry in Laos

A new report by the World Bank indicates the impact on the tourism industry in Laos of the Covid-19 pandemic. Data from the World Bank...