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,...

Economic Woes, Unemployment, Labor Shortages Raised at Laos National Assembly Session

The ongoing Fifth Ordinary Session of the Ninth National Assembly Legislature has seen numerous issues raised to the government, with constituents recommending measures to...

Laos National Assembly Members Call for Increase in Minimum Wage

National Assembly members from various constituencies commented on the government's socio-economic development plan, state budget plan, and monetary plan during the ongoing 5th ordinary...

Laos Keen to Obtain Halal Certification For Domestic Products

Lao Prime Minister Sonexay Siphandone expressed his commitment toward obtaining halal certification for domestic products during Malaysian Prime Minister Anwar Ibrahim's official visit to...

Myanmar’s Military Intervention Sparks Fear of Third Forex Rate 

Myanmar’s military government has been cracking down on the unofficial foreign exchange market to prevent further depreciation of Myanmar Kyat (MMK). But amidst all...

Deputy PM Holds Meeting to Discuss Road Safety Concerns in Northern Provinces

Deputy Prime Minister Kikeo Khaykhamphithoune presided over a meeting last week in Luang Prabang on safety concerns regarding major roads in the northern provinces...

Lao Govt Addresses Growing Economic Concerns at National Assembly

The Fifth Ordinary Session of the Lao National Assembly’s (NA) Ninth Legislature, opened on Monday to address the ongoing economic and financial concerns in...