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 Records 40.8 Percent Inflation Rate in First Quarter of 2023

Inflation in Laos has been rising steadily, with an average rate of 40.8 percent reported in the first quarter of 2023. According to Lao Youth...

Nong Khang Airport Sees its First Successful Aircraft Landing

Nong Khang Airport in the Samnuea district of Houaphanh province successfully tested its landing guide system for flights on Wednesday. According to Lao Youth Radio,...

Vientiane Buses to Stop Only at Official Bus Stops From Next Month

The Public bus system in Vientiane Capital is putting policies in place to improve its service and ensure that passengers reach their destinations in...

Thai Tour Operators Seek Clarity Regarding New Tourism Fee

The Tourism and Sports Ministry has delayed the THB 300 tourism fee collection for international visitors from June to September due to implementation issues...

IMF Projects Lao Economy to Grow by 4 percent in 2023

The International Monetary Fund (IMF) predicted that Laos’ economy will grow by 4 percent this year and in 2024, thanks to China reopening its...

Sokxay Group, Dao Coffee Collaborate to Launch New Coffee Brand

The wide-ranging business operation that has branches and cooperation across the country, Sokxay Group, has joined hands with Dao Coffee to increase the coffee...