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,...

Vendors Evacuate Flooded Market in Vientiane Capital as Mekong Waters Rise

Vendors at a market along the Mekong riverside in Vientiane Capital evacuated their stalls on Wednesday morning as floodwaters suddenly inundated the area. The...

Amid Widespread Flooding, Four Hydropower Plants in Laos Announce Release of Water

As heavy rains continue across the country, four major hydropower plants in Laos have had to open their reservoir gates to release water. This...

Laos Sees Highest Trade Deficit of 2023 in July at USD 166 Million

Laos’ imports and exports totaled over USD 1 billion in July; exports were valued at USD 429 million, while imports were approximately USD 595...

Lao Kip Listed as One of Most Undervalued Currencies in World

Business News Asia, an international website that provides business and financial news, analysis, and opinion on companies, industries, and economies in Asia, deemed the...

Lao Authorities Help 45 Vietnamese Nationals Stranded During Landslides

Lao authorities rescued 45 Vietnamese citizens who were trapped on a stretch of road following flooding and landslides in Bolikhamxay Province on Saturday. In...

Support Flood Victims in Laos by Donating to These Five Organizations

Eight provinces across Laos have been the victims of flash floods, affecting thousands of households across the country, especially in Khammouane, Bolikhamxay, and Savannakhet....