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 to Produce More Fertilizer and Animal Feed Amid Supply Chain Turmoil

The government of Laos is urging private companies to invest in the manufacturing of fertilizer and animal feed in response to global supply chain...

Laos Passport Office Admits Delays, Denies Corruption Claims

Residents in Laos have complained of long queues while lodging passport applications, as well as widespread corruption involving brokers. The Consular Department, under the Ministry...

Northeast Thailand Feels the Pinch Amid Slow Return of Shoppers from Laos

Businesses in northeastern Thailand have noted that cross-border trade has been slow to recover following the reopening of borders with Laos, with improved domestic...

Nam Theun 1 Power Company Issues Statement on Leak Rumors

The Nam Theun 1 Power Company has issued a statement in response to concerns by residents in Laos regarding seepage near the dam wall. Photographs...

MEM and the Carbon Trust Promote Energy Efficiency As Campaign in Laos

The Ministry of Energy and Mines (MEM) and the Carbon Trust, an international climate consultancy, have joined forces to raise awareness of energy efficiency...

Southeast Asian Central Banks to Connect Payment Systems via QR Code

Central banks in Southeast Asia hope to link payment systems across the region this year using QR code technology. Perry Warjiyo, Governor of the Bank...