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,...

Laos to Increase Minimum Wage for Workers in October

The Lao Prime Minister's Office has approved raising the minimum monthly wage in the country from LAK 1,300,000 (USD 67) to LAK 1,600,000 (USD...

Lao Government Takes Action Against Teacher Shortage Crisis

The Ministry of Education and Sports in Laos has introduced measures to tackle the teacher shortage crisis by promoting training courses so that schools...

Laos-China Railway to Increase Ticket Prices by 20 Percent This Year

The Laos-China Railway Company has proposed to the Lao government to increase the price of train tickets this year, due to considerable exchange rate...

Vientiane Speeds Up Revamp of Roads for ASEAN Chairmanship 2024

Authorities in Vientiane Capital are trying to wrap up the construction and repair of roads in the rainy season as part of preparations to...

Skyrocketing Vegetable Prices Highlight Cost of Living Crisis in Laos

A social media post about the rising prices of basic vegetables in Laos went viral on Monday, calling attention to a real cost of...

Drought Conditions in Laos Likely to Affect Electricity Export to Thailand

According to the Electricity Generating Authority of Thailand (EGAT), electricity supply from Laos to Thailand is expected to be insufficient this year due to...