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,...

Japan Provides Grant to Laos for New Bridge

The Government of Japan has provided a grant of USD 71,500 to support the construction of a new concrete bridge in Na-Han-Noi Village, Savannakhet...

Thai Prime Minister Visits Laos: New Infrastructure Projects in the Pipeline

Thailand’s Prime Minister Srettha Thavisin arrived in Vientiane Capital, Laos on the morning of 30 October, to strengthen and enhance cooperation between the two...

Former Chinese Premier Li Keqiang Passes Away at Age 66

On the morning of 27 October, the world mourned the passing of former Chinese Premier Li Keqiang, a leader who navigated China through a...

Laos Considers Raising VAT Rate to Boost Revenue

The Lao Ministry of Finance is considering raising the value-added tax (VAT) rate from 7 to 10 percent in an effort to boost government...

Hong Kong Eases Visa Policies to Attract Talents from Laos, Vietnam, Nepal

In a bid to address its ongoing talent drain, the Hong Kong Special Administrative Region (HKSAR) government announced a series of measures on Wednesday...

National Assembly Set to Address Critical Issues in Upcoming Session

Lawmakers are gearing up for the 6th Ordinary Session of the 9th National Assembly, where they will tackle pressing issues and explore solutions for...