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 Sees Fourth Consecutive Fuel Price Hike in June Amid Inflation and LAK Depreciation

Laos experienced its fourth consecutive fuel price hike in June due to inflation, the depreciation of the Laotian Kip (LAK), and the war in...

Lao President Visits Communist Party Secretary in Chongqing, China

Mr. Thongloun Sisoulith, President of Laos, visited Mr. Yuan Jiajun, Communist Party Secretary of Chongqing, on Monday. During his visit, the Lao president praised Chongqing's...

Laos Inks Another Deal to Send More Workers to South Korea

The Lao government signed a Memorandum of Understanding (MOU) with South Korea last week to send more Lao nationals to work in the country's...

Lao Visitors Boost Sales and Tourism in Udon Thani, Thailand

Udon Plaza Company Limited, along with the UD Town Shopping Center, Moko Hotel, and Monthathip International Convention Center, has reported a significant rise in...

Businesses in Golden Triangle SEZ to Only Accept Payment in Lao Kip

Businesses in the Golden Triangle Special Economic Zone will need to display a sign that reads "Accept Lao Kip Only" for payments starting Monday. The...

Laos Plans to Export Rice to United States in 2024

The owner of a rice production company in Laos expressed her interest in exporting rice to the US next year after the recent success...