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,...

Cambodian PM Accuses Thailand of Planning to Expel Migrant Workers

Cambodian Prime Minister Hun Sen falsely claimed at a rally that Thailand's Move Forward Party, which recently won the national elections, plans to expel...

Global Economy on Precarious Footing Amid High Interest Rates

Global growth has slowed sharply and the risk of financial stress in emerging market and developing economies (EMDEs) is intensifying amid elevated global interest...

Lao Government to Utilize Hydrogen Ammonia as Clean Source of Energy

The Lao Government is currently in the process of drafting strategies to utilize hydrogen ammonia as a clean source of energy, partially replacing other...

Groundbreaking Held For Cambodia’s Second Expressway, Linking Capital To Vietnam

PHNOM PENH, Cambodia (AP) — Cambodian Prime Minister Hun Sen on Wednesday presided over a groundbreaking ceremony for construction of the country’s second expressway,...

Lao President Appoints New Committee for Country’s Digital Transformation

Mr.Thongloun Sisoulith, the President of Laos, has selected members of a new National Committee to implement the Digital Transformation plan for economic and social...

New Tourist Amenities to be Built in Xaysomboun Province

Xaysomboun province officials have permitted a local company to construct tourist facilities in three public parks in the Anouvong district, at a cost of...