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,...

Construction Begins in Laos on Largest Wind Power Plant in South East Asia

Construction work has begun on a major wind power plant project in Laos following the signing of a loan agreement of close to USD...

Laos Exports 3 Million Tons of Agricultural Products in First Quarter of 2023

The Ministry of Agriculture and Forestry in Laos has exported over three million tons of agricultural products in the first three months of 2023. Bounchan...

Inflation Limits Lao Families’ Recovery From COVID-19, Says New World Bank Report

While economic activity has recently picked up in Laos, the rising cost of living is having a widespread negative impact, with poorer families most...

Lao Government Issues 21,000 Land Deeds in 2022

The Department of Environment and Natural Resources announced the total revenue generated from land deed issuance in the past year at the annual summary...

Transport Ministry Cancels New Lao Airlines Route to Houaphanh

The Ministry of Public Works and Transport has suspended the operations of a new Lao Airlines route to the Nongkhang Airport in Sam Neua,...

Asia, Pacific Unprepared to Face Climate-Induced Catastrophes, Warns New UN Study

Most countries in Asia and the Pacific are insufficiently prepared to face extreme weather events and natural disasters, which are growing in intensity and...