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,...

LOCA Secures Top Honor at ASEAN Business Award 2023, For Pioneering Sustainable Travel in Laos

Jakarta, Indonesia - In a glittering affair at the ASEAN Business Award 2023 ceremony held in Jakarta on 4 September, LOCA, the successful Laotian...

Houaphanh Authorities Rescind Bamboo Shoots Harvesting Ban

The Aed District Governor in Houaphanh Province has rescinded the ban on the harvesting of bamboo shoots within the district, which was issued by...

Senior Lao Economist Discusses Factors Behind Economic Woes

A senior economist and former deputy minister of Laos spoke with the media on what he believes are major factors contributing to the current...

UN General Assembly Adopts Resolution Tabled by Laos and Other Countries

Laos, together with Portugal, the Dominican Republic, Egypt, and Jamaica, have initiated and tabled a draft resolution entitled "Model United Nations" with the objective...

Laos-Vietnam Railway Set to Open for Service in 2028

The planned Laos-Vietnam Railway, running from Thakhek district in Khammouane province to the Lao-Vietnamese border, is expected to be completed and open for service...

Lao Govt Launches State-Owned Company to Boost Liquidity of Financial Institutions

The Lao government is bolstering the financial stability of commercial banks and financial institutions by creating a state-owned entity, the Debt and Asset Administration...