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,...

Govt. Repairs Streetlights Across Vientiane Capital

Electricite du Laos fixed numerous streetlights in Vientiane Capital last week, to celebrate the 47th Lao National Day and the 102nd birth anniversary of...

Laos-China Railway Unveils Ticket Reservation App on First Anniversary

The Laos-China Railway has officially unveiled a ticket reservation mobile application on the first anniversary of the launch of the historic railway. The railway...

Ministry of Public Security to Develop E-Border Pass for Over USD 18 Million

With an investment of over USD 18 million, the Ministry of Public Security and a private printing company have signed a memorandum of understanding...

BCEL Allows Customers to Receive Remittance Via MoneyGram

Banque Pour Le Commerce Exterieur Lao Public (BCEL) has announced that customers will now be able to receive international bank transfers directly into their...

Football Fans Disappointed as FIFA Cuts Laosat World Cup Broadcasts

The satellite company issued a statement on Tuesday canceling broadcasts of the FIFA World Cup 2022 and apologizing to Lao football fans for screening...

Japan to Grant USD 3.5 Million in Support of Laos’ 2024 ASEAN Chairmanship

On November 28, a signing ceremony for "the Exchange of Notes for the Economic and Social Development Plan (Support for ASEAN Chairmanship)" was held...