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’s Feuang District Expects Over 100,000 Tourists in 2023

After seeing over 45,000 tourists since the country reopened its borders in May last year, Feuang district is expecting more than 100,000 tourists in...

Indonesia Welcomes Timor-Leste into ASEAN

President Joko “Jokowi” Widodo of Indonesia welcomed Timor-Leste as a member of ASEAN to enhance greater cooperation between the neighboring countries this week. Taur Matan...

LWU and UNFPA Discuss Coordinated, Quality Response to Violence Against Women

Lao Women’s Union (LWU), in collaboration with United Nations Population Fund (UNFPA), held a National Consultation in Vientiane Capital, which brought together key government,...

Almost 1.3 Million Tourists Visited Laos in 2022

Laos recorded close to 1.3 million tourists visiting the country between January and December last year. The Ministry of Information, Culture and Tourism reported...

Laos, Cambodia Discuss Potential High-Speed Rail Link

Prime Minister of Laos Mr. Sonexay Siphandone was in talks with his Cambodian counterpart, Mr. Hun Sen during his recent official visit about the...

Lao Statistics Bureau Announces Plan to Tackle Rising Cost of Living

The Lao Statistic Bureau (LSB) held a meeting on 7 February at the Bank of the Lao PDR (BOL) to announce its plans to...