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,...

Indonesian President Launches Southeast Asia’s First High-Speed Railway, Funded by China

JAKARTA, Indonesia (AP) — Indonesian President Joko Widodo inaugurated Southeast Asia’s first high-speed railway on Monday as it was set to begin commercial operations,...

Lao PM Highlights Key Measures to Address Economic Crisis in Cabinet Meeting

Following the drastic fall of the Lao kip to a record low against foreign currencies in September, Prime Minister Sonexay Siphandone has urged immediate...

Thailand Expects Over THB 140 Billion From Chinese Visitor Visa Waiver

The Thai government expects to attract over 2.9 million visitors from China as part of the five-month visa exemption period. The tourists will bring...

MRC Moves Closer to Making “Mekong Fund” Reality

The governing body of the Mekong River Commission took a significant step this week towards creating a “Mekong Fund” for Southeast Asia’s largest waterway...

Laos Government Encourages Use of Electric Vehicles as Fuel Imports Decline

The government spent less on fuel imports in August than in the previous month, but officials say there is enough fuel to meet the...

Lao Govt Promotes Use of Electric Vehicles to Protect Environment, Reduce Fuel Import Costs

The Ministry of Industry and Commerce in Laos is pushing for the increased use of Electric Vehicles (EVs) in the country to reduce funds...