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,...

South Korean Company Authorized to Build Multi-Billion Dollar Resort

Laos has signed an agreement with a South Korean company giving it a concession for the use of a 1,200-hectare plot of land to...

Lao Children Raise their Voice for Climate Justice

From 6-18 November, world leaders have gathered in Sharm El-Sheikh, Egypt, for the 2022 United Nations Climate Change Conference or COP27. This edition marks...

American Secret War Veteran Works Toward a Better Future for Laos

Col. Mike Burton makes his first visit back to Laos nearly 50 years after he was deployed to serve in the American Secret War,...

Laos Likely to Benefit from Thailand’s Energy Shortage

Thailand is suffering from an acute energy crisis at the moment and the Energy Ministry of the country plans on closing pubs, petrol pumps,...

Housing for Attapeu Dam Collapse Victims Now 99 Percent Complete

Authorities in Laos ​say construction of housing for victims of the 2018 Attapeu Dam Collapse Disaster is now 99 percent complete, four years after...

Laos Inflation Rate Hits New High of 36.75 Percent in October

Laos has beaten its own record again with inflation reaching 36.75 percent in October according to the latest report from the Lao Statistics Bureau...