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,...

New Train Route Connects Beijing to Vientiane

The Lao-China Railway officially launched a cross-border passenger train on 13 November connecting Vientiane Capital, Laos, to China’s capital Beijing. According to China’s government website,...

China Remains Top Investor in Laos, Minister Reveals

Chinese investors have engaged in over 900 projects across various sectors in Laos, totaling more than USD 13 billion. This establishes China, once again,...

Lao Prime Minister Hits Gong to Inaugurate First Monsoon Wind Power Project Turbine

Following the completion of the installation of the first wind turbine under the Monsoon Wind Power Project, Lao Prime Minister Sonexay Siphandone officially inaugurated...

Japan Provides Aid to Laos for Upcoming ASEAN Chairmanship

Japan donated 33 Toyota Camry Hybrid sedans and IT equipment, with a total value of JPY 500 million (over USD 3 million), ahead of...

Laos Navigates Mid-Range in Sustainable Competitiveness Journey

In the ever-evolving landscape of sustainable development, the Global Sustainable Competitiveness Index (GSCI) serves as a compass, guiding nations towards a balanced and eco-friendly...

Government Unveils Plan to Revamp Road Infrastructure

In a move to address the issue of deteriorating roads, the government has pledged to bolster its efforts by increasing funding for road maintenance...