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,...

Lao PM Gives Interview to Chinese Media, Says Debt Trap Not Real

During his visit to Nanning Province, China, Laos’ Prime Minister Sonexay Siphandone sat down for an interview with CGTN, a state-run English news channel,...

Lao Kip Drops to Record Low, Breaches 20,000 to US Dollar

The Lao kip has continued to depreciate against foreign currencies, reaching a historic low today in international markets. While the Bank of the Lao PDR...

Customs Officials from Laos, China, and Thailand Discuss Ways to Prevent Smuggling and Boost Trade

Customs officials from Laos, China, and Thailand met in Vientiane Capital on Monday, 11 September, to discuss ways to streamline customs procedures at border...

Lao Vice President Meets Putin to Bolster Laos, Russia Bilateral Ties

In a move to strengthen bilateral ties between Laos and Russia, the Lao Vice President, Pany Yathotou met with Russian President Vladimir Putin on...

Two Border Crossings Between Luang Namtha and Yunnan, China Reopen After 20 Months

Two border crossings between Luang Namtha province in Laos and China’s Yunnan province reopened on Monday, September 11, after being closed for 20 months...

Social Media Users in Vientiane Capital Raise Alarm Over Poor State of Roads

Many social media users, especially those in the Vientiane Capital, have once again expressed their anger and frustration over the poor state of the...