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-China Railway to Start Cross-border Travel to China in April

Laos-China Railway will extend its passenger services on the international route to China - from Vientiane to Kunming and return - starting next month. Deputy...

Staff Shortage, High Production Costs Remain Key Obstacles To Lao Businesses

The Macroeconomics Research Institute (MRI) recently conducted a survey to identify the main obstacles businesses are facing in Laos. According to the survey results, the...

Vientiane Authorities Clarify Pedestrian Bridge Construction After Online Complaints

Head of the Department of Public Works and Transport, Mr. Soulivanh Phommahaxay, recently spoke to residents about the construction of a pedestrian bridge at...

China, Russia Maintain United Front Against US in Joint Statement

Chinese President Xi Jinping and Russian President Vladimir Putin issued a joint statement on Tuesday with plans to strengthen bilateral ties, signaling a united...

Australia Supports Laos With Highly Skilled Volunteers

A new Memorandum of Subsidiary Arrangement (MSA) under a broader agreement between Australia and Laos on development cooperation was signed by Australian Ambassador to...

Samsung Launches its First Innovation Campus in Laos

Samsung launched its first Innovation Campus at the Faculty of Natural Sciences, National University of Laos. This is Samsung's global CSR program that is...