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 and Vietnam Military Hospitals Sign Contract on Medical Cooperation

The 108 Military Central Hospital in Vietnam will offer training to doctors from the 103 Military Hospital of the Lao People’s Army in 2023...

Bank of the Lao PDR Changes its Logo

Bank of the Lao PDR (BOL) has announced that it would be using a new logo starting this week. A notice issued by the Bank...

Laos National Identity Card System Remains Out of Order

A system error that brought down the national identity card database in Laos has yet to be resolved, leaving residents unable to receive ID...

Tourism Sector Boosts Thailand GDP Growth to 4.5% in Q3

Thailand's revitalized tourism sector has given the country a much-needed economic boost, with gross domestic product (GDP) reaching a 4.5% year-on-year expansion in the...

Laos Cabinet Meeting Tackles Six Issues

The Government of Laos held its monthly cabinet meeting on Monday and Tuesday this week in Vientiane Capital. The meeting discussed solutions to issues...

Two Lao-Americans Get Elected as Mayors in the United States

Xaykham “Xay” Khamsyvoravong was unanimously chosen as mayor of Newport, Rhode Island and Oakland City Council Member Sheng Thao emerged as the mayor of...