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 Allow QR Payments for Travelers

The launch of a cross-border payment service from Banque Pour Le Commerce Exterieur Lao Public (BCEL), and South Korean company GLN International, will provide...

Laos Receives 1,000 Tons of Rice from ASEAN Plus Three Partners

Laos received 1,000 tons of rice from the governments of Japan and Korea during an ASEAN Plus Three handover ceremony on Wednesday. The handover ceremony...

Laos Reports a Trade Deficit of USD 45 Million in November

According to the Lao Trade Portal, the November trade deficit figure of USD 45 million is quite low compared to September and October figures...

Heineken, Loca Team Up to Curb Drunk Driving in Vientiane

Heineken® has teamed up with LOCA to create awareness of “when you drink, never drive” and provide incentives to curb drunk driving behavior in...

Vietnam Starts its Biggest Lao Project Construction in Sekong

Construction of the Bauxite-Alumina Mining Industrial Complex began in Sekong’s Dakcheung district on 19 December. According to Vietnamnet, the project would cover an area of...

Prudential Laos Signs MOU to Build Life Insurance Awareness in the Country

Prudential Life Assurance (Lao) Company Limited (“Prudential Laos”)  signed a Memorandum of Understanding (MoU) with the Department of State Own Enterprise Reform and Insurance...