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 Announces Criteria for Honorary Citizenship to Foreign Nationals

The government of Laos has issued the eligibility requirements for honorary citizenship and special privileges to foreign nationals. A recent decree No.14 issued by the...

Vientiane Province Starts Repair Work on Kasy to Vang Vieng Roads

The Department of Public Works and Transport in Vientiane province is currently repairing the roads between Kasy to Vang Veing, and they expect to...

Over a Million Tourists Visit Laos This Year

Laos has seen an increasing number of visitors traveling to the country ever since it removed its travel restrictions in May following the Covid-19...

Lao Central Bank Bans Money Exchangers From Selling Foreign Currencies

The Bank of the Lao PDR (BOL) has put out a notice preventing currency exchange units associated with commercial banks from selling foreign currency. The...

Govt. Green Lights Feasibility Study for Clean Energy Project

The government has recently approved the conducting of a feasibility study on clean energy development in three northern provinces by CGN Energy Technology (Laos)...

Lao Start Up Fest to be Hosted in December

The 3rd edition of Lao Startup Fest 2022 will be held between 16-18 December, with the aim of improving the development of micro-, small-...