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 Ticket Reservation App to Go Live This Month

The Laos-China Railway Company has announced that its long-awaited ticket reservation mobile application will go live from 15 March. The mobile application, LCR Ticket, is...

Xaysettha District Occupants Raise Land Grab Issues at National Assembly

Residents of Xaysettha District raised concerns about not receiving the full payment after their land had been taken from them for a development project,...

Laos-China Railway Sets Record With 10,000 Travelers in One Day

The Laos-China Railway made a new record when 10,000 passengers availed of its services on Saturday, marking the highest passenger transport record since the...

Inflation Rate in Laos Continues to Soar in February at 41.3%

Inflation in Laos increased to 41.3% in February, according to information from the Lao Statistics Bureau (LSB). This is slightly higher than January's inflation...

Laos Secures Financial Deal on Region’s Largest Wind Farm

A developer alongside a regional bank has signed an agreement to fund USD 692 million for the 600MW "Monsoon Wind Power Project," Southeast Asia's...

Over 50% Of the World to Be Overweight or Obese by 2035

The World Obesity Foundation (OBF) has issued a report, stating that more than half of the world’s population will be overweight or obese by...