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,...

Resettlement Progresses in Oudomxay as Dam Project Moves 845 Families

Authorities in Oudomxay confirmed on 2 May that 845 families, 4,252 people, in Nga district face impacts from the ongoing construction of the Luang...

Laos Signs Feasibility Agreement for Two New Expressway Sections to Chinese Border

The government of Laos and China’s Hunan Banying Industrial Group have signed a feasibility agreement to study and design two new sections of the...

Laos, Lithuania Sign New Cooperation Agreement to Boost Diplomatic Ties

On 27 April, Lao Foreign Affairs Minister Thongsavanh Phomvihane and Lithuanian Foreign Minister Kestutis Budrys signed a new bilateral cooperation agreement in Bandar Seri...

United States Sets Preliminary 22.46 Percent Duty on Lao Solar Imports

The United States has announced a new preliminary anti-dumping duty of 22.46 percent on solar products imported from Laos as part of an investigation...

Laos Inflation Rises to 10.2% in April as Fuel and Household Costs Climb

Laos continues to face pressure from inflation as the inflation rate stood at 10.2 percent in April, according to the Lao Statistics Bureau. The figure...

Laos-China Trade Nears USD 10 Billion as Ties Deepen

Laos and China marked 65 years of diplomatic relations this week, with both sides highlighting deepening economic ties, including more than USD 18 billion...