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,...

Lao Economy Suffers Setback from a Weakening Kip

According to a report by the Asian Development Bank (ADB), the Kip's value depreciated by 37.4 percent against the US dollar and 32.9 percent...

Donations Come in for Flood-Affected Residents in Attapeu

The public and various organizations have sent relief support to Attapeu province for people who lost their houses and belongings in the flood caused...

Lao Garment Association Plans to Boost Local Production and Sales

The Association of the Lao Garment Industry (ALGI) hopes that soon every village will have at least one shop stocked with clothes produced locally....

Laos-China Railway Upgrades its Train Ticket

The Laos-China railway has modified its train ticket design so that relevant information is listed in a more streamlined manner. Since its inception last year,...

Ministry of Energy and Mines Suspends Foreign Mining Company

Ministry of Energy has issued a notice suspending the operations of a foreign mining company in Oudomxay due to recurring safety issues. The notice states...

Laos and Singapore Leaders Meet to Discuss All Things Energy

The two countries are also looking at increasing cooperation in evolving areas like digital, sustainability and environmental protection. Laos and Singapore will be celebrating the...