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,...

New Declaration Presses Mekong Countries, Partners to Intensify Cooperation

The Southeast Asian members of the Mekong River Commission issued a landmark declaration at the 4th MRC Summit on Wednesday, reiterating the region’s commitment to...

Vientiane Authorities Alert Vendors to Not Raise Prices During Lao New Year

With the Lao New Year festival just around the corner, the Department of Industry and Commerce in Vientiane Capital has reminded shopkeepers and stall...

UN Suggests Leveraging Public Debt for Development Gains

While the average government debt level in the Asia-Pacific region is at an 18-year high, this is not necessarily bad news, and it is...

Student Contest Reveals Mekong Innovation in River Monitoring 

The Mekong River Commission (MRC) on Monday announced the winners of its first-ever River Monitoring Technology Competition for university students. The competition was held...

CCTV Refurbishment Completed Across 93 Locations in Vientiane Capital

The Ministry of National Defence's Communications Department has taken charge of the new CCTVs installed in Vientiane Capital, as part of a refurbishment project...

East Asia and Pacific Regional Growth to Accelerate as China Rebounds

Growth in developing East Asia and the Pacific is forecast to accelerate in 2023 as China’s economy reopens, while the pace of growth in...