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 Celebrates International Day Of The Girl Child

On the 10th anniversary of the International Day of the Girl Child (IDGC), the Lao Women's Union and the United Nations Population Fund (UNFPA),...

Prudence Foundation, ChildFund Sign MOU to Improve Laos’ Financial Literacy

Prudence Foundation, the community investment arm of Prudential plc in Asia and Africa with ChildFund in Laos on Wednesday signed a Memorandum of Understanding...

Rising Currency Exchange Rates Adversely Impact Vehicle Owners

As the value of Kip depreciates against foreign currencies, especially the US dollar, residents are finding it increasingly difficult to repay the installments on...

Laos Touted as One of the Best Places to Visit in 2023

Curated by the well-known travel magazine, Wanderlust, famous tourist spots in Laos have made it on the list of best places to visit in...

Party Central Committee Promises to Fix Inflation in Laos

The Central Committee of the Lao People’s Revolutionary Party has pledged to get a grip on the rising inflation and other economic difficulties the...

Laos Invites Neighboring Countries to the Trade Fair at That Luang Festival

Vientiane authorities have invited businesses from China, Thailand, and Vietnam to participate in the trade fair, taking place between 4-8 November during the That...