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 Ministry Urges Phone Users to Register their Numbers by December 16 or Face Fines

The Ministry of Technology and Communications (MOTC) office in Laos issued a notice on Thursday, stating that all phone numbers across the country must...

Mekong Continues to Enjoy Growth, but Challenges Remain Strong, Says Annual MRC Report

The Mekong River Commission has released its 2022 Annual Report that documents multiple achievements over the past year, and key challenges facing the basin...

Lao Education Ministry Warns Residents About Fake Scholarships from China, Vietnam

The Ministry of Education and Sports (MOES) warned the public last week about fake scholarships being offered to study in China. The warning came after...

Future Looks Uncertain For Thai Durian Exports to China Amid Economic Slowdown, El Nino Threat

After a spectacular surge in Thai durian exports to China, driven by the Laos-China Railway's opening, concerns loom over future trade prospects due to...

BOL to Issue Third Phase of Government Bonds Worth LAK 3 Trillion

The Bank of Lao PDR (BOL) announced on Tuesday that it will issue the third phase of its government bonds, worth LAK 3 trillion...

Lao PM Attends 43rd ASEAN Summit, Calls for Business-Friendly Environment in Region

Lao Prime Minister Sonexay Siphandone along with other high-ranking delegates arrived on Monday in Jakarta, Indonesia, to attend the 43rd ASEAN Summit and related...