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 Government Allocates LAK 4.5 Trillion to Boost Domestic Production and Stimulate Economic Growth

In a move to increase domestic production and counter ongoing economic challenges, the Bank of Lao PDR (BOL) has allocated LAK 4.5 trillion toward...

Six Mekong-Lancang Countries Reach Pact on More Dam Operations Data Sharing

Senior officials from the six Mekong countries on Sunday endorsed recommendations of the first phase of the Joint Study between the Mekong River Commission...

Lao Vice President to Lead Foreign Delegation at Vladivostok Economic Forum

The Vice President of Laos, Pany Yathotou, is reportedly the top foreign guest at an economic forum in Vladivostok, Russia next week, said the...

NUOL Reopens Enrollment for More Than 1,500 Applicants Due to Low Student Numbers

The National University of Laos (NUOL) announced on Saturday that it is reopening enrollment across a variety of majors for the 2023–2024 academic year...

Russian Language to be Taught at Schools in Laos

Two secondary schools in Laos have begun teaching Russian language classes under a trial program set to be expanded next year. Phiawat Secondary School in...

UN Chief Urges Global Action on Climate Financing and Debt Relief

In a press conference held in Jakarta on Thursday, UN Secretary-General Antonio Guterres emphasized the urgent need for a robust debt workout mechanism to...