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,...

Inflation in Laos Skyrockets to a 22-Year High of 34 Percent in September

According to the Lao Statistics Bureau, the inflation rate has increased by four percent from August's figures of 30.01 percent to 34 percent in...

Japan Supports Three Projects in Laos in the Education and Healthcare Sector

The Government of Japan will be providing grant assistance worth USD 270,000 for three projects in Xayaboury, Xieng Khouang and Vientiane Provinces. Grants will be...

Student Competition Announced to Modernize Mekong River Technology

The Mekong River Commission (MRC) recently launched a one-of-a-kind competition that challenges the region’s university students to design cost-effective, sustainable technology to monitor the...

Govt Join Hands with OCK Group, Malaysia to Build Telecom Tower Company

The Ministry of Finance (MoF) has signed a shareholder agreement with the engineering services firm to set up a company to build telecommunications towers...

Students in Bokeo Debate on LGBTQ+ Issues on International Day of the Girl Child

This week, adolescents in Huayxai district, Bokeo province took part in a debate competition on the theme ‘my body, my rights to mark International...

Laos-China Railway Installs Timer to Charge Parking Fees at Vientiane Station

Laos-China Railway has installed a timer to calculate the parking fee of vehicles entering and leaving the Vientiane railway station. After the announcement of overnight...