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,...

High-Speed Rail Linking Nong Khai, Vientiane Expected to Complete in 2028

The Nong Khai-Vientiane stretch of the Thai-China high-speed rail (HSR) project is anticipated to conclude construction in 2028, revealed Thai Deputy Transport Minister Surapong...

New Protection Centers Opened in Laos for Survivors of Violence

New centers for survivors of violence opened in Bolikhamxay and Champasack provinces. These two new "Counseling and Protection Centers for Women and Children" are...

Alarming Road Accident Statistics Prompt Stringent Measures for New Year Safety

As the year draws to a close, the country grapples with a somber reality. More than 800 lives were lost and nearly 1,000 people...

Landmark Partnership Propels Laos Towards Greener Future

The Central Bank of Laos (BOL) and the International Finance Corporation (IFC) inked an agreement on 12 December to boost their partnership in promoting...

Laos Targets Global Audience for ‘Visit Laos Year 2024’

In a bid to enhance international tourism in Laos, the government has reached out to countries across the world, extending invitations for their support...

ADB Greenlights Dual Funding Initiatives for Sustainable Urban Development in Luang Prabang

The Asian Development Bank (ADB) has approved two funding projects for the sustainable urban development of the Luang Prabang UNESCO World Heritage Site in...