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,...

Inflation and Debt Weigh Down Laos Economic Recovery, Says World Bank Report

Economic activity in Laos is weighed down by structural challenges, macroeconomic instability, and a deteriorating external environment, according to the World Bank’s latest Lao...

El Niño to Hurt In-Season Rice Output in Thailand

Royal Ploughing Day, held on 17 May, marks the start of the rice planting season in Thailand, but researchers say El Niño could hurt...

Laos Economy to Grow by 4.5% in 2023, Say Researchers

Researchers in Laos are optimistic and predict that the economy may grow up to 4.5% this year. The Macro-economic Research Institute of the Lao Academy...

Opening of 7-Eleven in Laos Evokes Mixed Response Among Netizens

The construction team behind the first 7-Eleven in Laos went viral on social media last week after showing pictures of the location of their...

Laos-Vietnam Friendship Hospital Opens in Xieng Khouang

The Laos-Vietnam Friendship Hospital, built with financial aid from the Vietnamese government with a construction cost of USD 21.3 million, opened in Xieng Khouang...

Young Lao Scientist Selected as 2023 Young Explorer at National Geographic Society

A young scientist from Laos has been selected as one of the 15 candidates for the National Geographic Society’s Young Explorers 2023 program, which...