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,...

Construction Sector Hit Hard With Laos Facing Acute Labor Shortage Crisis

Amid the current economic downturn and the cost of living crisis, construction companies in Laos are confronted with a mounting challenge as the local...

Houaphanh Authorities Halt Unregulated Production of Bamboo Shoots

The Office of Agriculture and Ministry in Aed District, Houaphanh Province, issued a notice on 23 August to curb the unregulated production of bamboo...

Sekong Province to Improve Facilities Near Tad Fai Mai Waterfall for Visit Laos Year 2024

Sekong provincial authorities are planning to upgrade the tourism infrastructure and provide better facilities at Tad Fai Mai waterfall to welcome more tourists next...

Survey Finds Only 20 Percent Of Vientiane Capital Residents Satisfied With Public Hospitals

A survey of 150 people who used the services of three central hospitals in Vientiane Capital in April 2023 found that only 20 percent,...

Inflation Rate Drops Slightly in August, But Worries Still Cloud Lao Economy

The country recorded an inflation rate of 25.88 percent in August, a slight decrease from July's rate of 27.80 percent, as per information from...

Laos Labor Shortage Plagues Local Industries, Hurts Foreign Investment Drive

Lao workers are leaving the country in large volumes, searching for employment opportunities abroad amid the skyrocketing cost of living. But in a delicate...