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,...

Vientiane Riverside Night Market to Undergo Major Makeover This Month

The Mekong riverside night market near Chao Anouvong Park in Vientiane Capital will undergo renovations in May. Despite the ongoing refurbishment work, the night...

Vegetables Get More Expensive in Laos After New Year Celebration

Vegetable prices in Laos have increased following Lao New Year celebrations primarily due to the country’s soaring inflation rate. Lao Economic Daily reports that some...

Asia Poised to Drive Global Economic Growth, Boosted by China’s Reopening

According to the International Monetary Fund (IMF), China and India together are forecast to generate about half of global growth this year. Asia and the...

Thai Workers Protest in Demand of Higher Wages

Labor and Human rights advocates in Thailand gathered in front of the Government House earlier this week to protest for an increase in the...

Pardon Frees More Than 2,100 Myanmar Political Prisoners

BANGKOK (AP) — Myanmar’s ruling military council on Wednesday said it was releasing more than 2,100 political prisoners as a humanitarian gesture. Thousands more...

BeerLao Announces New Price Hikes Effective From May

Lao Brewery Company has issued a notice informing customers about an increase in prices for some of their products, starting this month. In a...