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, South Korea Sign Agreement on Financing Lao Workers Overseas

Laos’ Ministry of Labour and Social Welfare and BNK Capital Lao Non-Deposit Taking Microfinance Institution Co., Ltd. (BNK MFI) of the Republic of Korea...

108Jobs, UNDP to Organize Job Fest 2023 in March

Job Fest 2023 will be organized on 3-5 March 2023 at the International Cooperation and Training Center (ICTC) in Vientiane to provide career opportunities...

Electricite du Laos to Increase Prices for Certain Customer Types

Electricite du Laos (EDL) will increase the price of electricity for industrial usage in Laos to alleviate debts, but household use charges will stay...

Lao Govt. Monthly Cabinet Meeting Tackles Economic Challenges

The monthly government meeting for January was held this week and focused on grappling with the current economic crisis and rising inflation. According to a...

US Funds Over 21 Million for MAG’s UXO Activities in Xieng Khouang Province

The United States of America has provided MAG additional funding of USD 21.75 million for twenty-eight months to continue the implementation of UXO clearance,...

Laos-Vietnam Trade Shoots Up by 24 Percent in 2022

The two-way trade income between the countries increased by 24 percent in 2022, crossing over USD 1.7 billion. The report stated that the two...