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, Australia Ink Agreement on Human Rights Cooperation

In a significant stride towards promoting and safeguarding human rights, the Australian Human Rights Commission has inked an agreement with the Lao Government and...

Laos Grapples with 25.2 Percent Inflation in November

Laos recorded a 25.2 percent inflation rate in November, marking a slight drop from the previous month. The surge in inflation rates hit various sectors...

Booming Sectors, Looming Debts: Laos Nears Halfway Point of Socio-Economic Development Plan

As Laos reaches the midpoint of its five-year socio-economic development plan (NSEDP), the country looks back at the achievements and challenges of the past...

Laos to Hold Second Human Capital Summit to Tackle Nutrition

Human capital—the knowledge, skills, and health needed for boosting productivity—is the most important form of capital for the growth of society, and Laos is...

Former President’s Centenary Spurs Transformation of Historic Residence

Champasack Provincial authorities are gearing up to transform the old residence of former President Khamtai Siphandone into a multifaceted tourist destination and educational hub....

Thai Princess Praises Lao-China Railway for Enhancing Regional Cooperation

In an interview with Chinese State Media, China Media Group, Princess Maha Chakri Sirindhorn of Thailand praised the Lao-China Railway for boosting regional trade,...