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,...

Thailand Includes Laos-China Railway in 2024 Strategic Direction, Boosting Tourism Connectivity

Thailand's Tourism Authority has incorporated the Laos-China Railway into its 2024 strategic direction, aiming to enhance tourism connectivity and attract quality visitors, marking a...

Laos Co-chairs Mekong-Ganga Cooperation Ministerial Meeting in Bangkok

Laos secured funding of USD 500,000 for a series of poverty reduction projects through the Mekong-Ganga scheme during the 12th Mekong-Ganga River Cooperation Framework...

Spending Kip to Make Dong: Why Laos Should Step Up Efforts to Attract More Vietnamese Tourists

As lackluster economic growth causes millions in China to stay home, Laos should do more to attract Vietnamese travelers for its post-pandemic tourism revival. The...

Lao National Assembly to Revise Law on Children’s Rights and Interests

The Minister of Justice, Phayvy Sibualipha, presented a revised law on the protection of children’s rights and interests during the 5th Ordinary Session of...

Russia Proposes Local Currency Initiative to Entice Trade with ASEAN Nations

Russian Foreign Minister Sergey Lavrov proposed the use of local currencies while urging the revitalization of trade between Russia and Southeast Asian nations during...

Cassava Profits Conceal Alarming Environmental Threat in Laos

Cassava's lucrative short-term benefits as Laos' major agricultural export mask the devastating consequences of extensive slash-and-burn practices, putting the country's long-term ecological stability in jeopardy. Cassava has...