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,...

Final Number of Homes Handed Over to Attapeu Flood Victims

Attapeu officials held a ceremony on Wednesday to hand over all 700 houses to victims of the Xe-Pian-Xenam Noy dam collapse after a four-year...

Govt. Inaugurates New Train to Transport Bananas to China

The Department of Agriculture and Forestry, alongside Xuanye (Laos) Co., Ltd., held a ceremony on 5 December in Vientiane Capital, to inaugurate a new...

Thai Company to Build ASEAN’s Largest Wind Farm in Laos

Thai electric power distribution company BCPG Public will begin the construction of ASEAN's largest wind farm in Laos at an estimated cost of development...

Laos Won’t Default on its Loans, Assures PM

Prime Minister Phankham Viphavanh informed the ongoing session of the National Assembly that the government would try its best to repay public debt so...

Three Killed, Four Injured in Second Rail Bombing in Thailand

Thailand's Songkhla province has seen another rail bombing today, which took place in the same area where a bomb went off on Saturday. The...

Laos Inflation Rate Shoots up to 38.46 Percent in November

Laos saw an increase in inflation once again in November at 38.46 percent, according to the latest report from the Lao Statistics Bureau (LSB). November's...