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 Pay Volunteer Teachers in Bid to Resolve Teacher Shortage

In a move to alleviate a severe teacher shortage in rural areas, the government of Laos is to provide equal pay for volunteer teachers...

MRC to Host Public Forum to Foster Openness, Participation and Cooperation

The Mekong River Commission (MRC) has opened registration for another milestone public forum, which will be highlighted by eagerly anticipated updates on topics such...

Laos, Malaysia Sign Deal for Cross-border Railway Operations

Kuala Lumpur (The Star): Malaysia and Laos have marked an important milestone in cross-border railway movement with a memorandum of collaboration signed between their...

Laos Receives USD 426 Million from Lao Workers Abroad as Foreign Remittance

Lao workers who work abroad send an average of over USD 35.5 million per month back to Laos, or USD 426 million per year,...

Vientiane Residents Voice Concerns Over Factory Emissions, Noise Pollution

The rapid urban development of Vientiane Capital is facing challenges as emboldened residents complain of emissions from nearby factories affecting their quality of life. Amid...

High-Level Taskforce Established to Tackle Economic Challenges in Laos

The Politburo of the Lao People's Revolutionary Party Central Committee has formed a high-level taskforce to address the pressing economic and financial issues affecting...