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,...

Visit Laos Year 2024 Anticipated to Welcome 4.6 Million Visitors

The Ministry of Information, Culture and Tourism (MICT) has revealed key milestones and achievements of the tourism industry in Laos from the first six...

Thailand Allows Stay for 500,000 Migrant Workers from Laos and Neighboring Countries

Thailand’s cabinet has agreed to allow 500,000 foreign workers from Laos, Cambodia, Myanmar, and Vietnam to stay until the end of the month, to...

Company in Bokeo Collects Garbage Fees in Baht as Kip Continues Depreciating

A company in Bokeo, which holds a garbage collection concession from the government, was recently found to be collecting fees in Thai Baht. This...

Kakao Pay Launches Overseas ATM Withdrawal Service in Laos, Vietnam, and Japan

Kakao Pay Corp., a mobile payment and digital wallet service in South Korea has launched an overseas ATM withdrawal service in partnership with Global...

Govt to Develop Electronic Signature for State Budget Management System

The Ministry of Technology and Communication and the Ministry of Finance in Laos signed an agreement to develop the use of electronic signatures in...

Lao Prime Minister Addresses Alarming Decline in School Enrollment, Pledges Solutions

The Prime Minister of Laos, Mr. Sonexay Siphandone discussed plans to address the increase in school dropout rates and decline in student enrolment across...