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,...

Global Coffee Prices to Rise Amid Drop in Vietnam Supply

Vietnam's large stockpile of coffee beans is diminishing, a development that is expected to push global coffee prices even higher. Traders surveyed by Bloomberg predict...

Lao Airlines to be Restructured Under New Committee

Laos has appointed a new committee set to reform the country's troubled national airline. Minister of Finance, Mr. Bounchom Oubonpaseuth, announced the appointment of the...

LAK 20 Billion To Address Flooding in Vientiane Capital

The Department of Public Works and Transport expects to budget nearly LAK 20 billion to address both temporary and long-term flooding on major roads...

Which Dams Are Releasing Water in Laos?

As monsoonal rains drench Laos and rivers continue to rise across the country, several hydropower projects have been forced to release water. Where are...

India Seeks Expansion of Highway To Laos, Cambodia, and Vietnam 

India is now looking to expand the India-Myanmar-Thailand Trilateral Highway to Laos, Cambodia, and Vietnam, in order to increase connectivity of the region.  ASEAN Briefing...

A Boom of New Lao Businesses

Over 7,640 new businesses registered to operate in Laos over the last six months, representing a 14.5 percent increase over the same period last...