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 Prime Minister Visits Flood-Affected Areas in Savannakhet

Lao Prime Minister Sonexay Siphandone, accompanied by his delegation, recently visited flood-affected regions in Champhone District, Savannakhet Province, to evaluate the situation and extend...

Chinese Institute in Laos Sees Increase in Applications Despite Overall Low University Enrollment

The number of candidates applying for the Bachelor's program in Chinese Language Teaching at the Confucius Institute has nearly tripled in the past two...

Laos Records Decline in University Enrollment Across the Country

The National University of Laos (NUOL) is widely preferred by students seeking higher education across the country, but this year the enrollment number has...

Laos, Cambodia Regulators Collaborate to Boost Capital Market Growth

The Securities and Exchange Regulator of Cambodia (SERC) and the Lao Securities Commission Office (LSCO) signed a Memorandum of Understanding (MoU) last week to...

Installation of Turbines Begins in Laos for SE Asia’s Largest Wind Power Project

The Monsoon Wind Power Project in Laos has begun installing wind power turbines after the turbines and blades were delivered from Thailand on Saturday....

Vientiane Capital’s Tax Department Announces Ban on Cash Payments to Prevent Corruption

The Lao Tax Department, which is part of the Ministry of Finance, revealed on Tuesday that employees will not be allowed to receive tax...