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,...

At Least 19 Dead After 7.8-Magnitude Earthquake Strikes Southern Philippines

A powerful 7.8-magnitude earthquake struck off the coast of Mindanao in the southern Philippines on Monday, 8 June, killing at least 19 people. The quake...

Laos Orders Hydropower Plants to Boost Dam Safety Ahead of Rainy Season

The Ministry of Industry and Commerce (MOIC) has ordered all hydropower projects nationwide to strengthen dam safety measures and emergency preparedness plans ahead of...

Several Areas in Vientiane to Face Power Outages from 5 to 9 June

Electricité du Laos (EDL) announced that several areas in Vientiane are set to face power outages lasting several hours during daytime from 5 to...

Laos, China Set Four Strategies to Hit USD 20 Billion Trade Target by 2030

Laos and China have agreed on four strategic pillars to boost bilateral trade and investment, with projections suggesting the figure could reach up to...

Laos, Thailand Sign New Cross-Border Fuel Supply Deal

Laos has secured a formal petroleum supply agreement with Thailand’s state-backed PTT Group, reinforcing fuel security amid uncertainty in regional energy markets. The Lao State...

Vang Vieng Gears Up for USD-216M Tourism Overhaul as Old Airport Transforms

Preparations are underway for a USD 216 million tourism complex at the old airfield in Vang Vieng. Lao Yijin Group Co., Ltd. is leading the...