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 Sees Trade Deficit of USD 133 Million in June

Laos posted a trade deficit of 133 million US dollars in June as the balance of imports and exports trended downward. According to the most...

Motorists Fed up with Broken Traffic Lights in Vientiane Capital

Motorists in Vientiane Capital have reported broken or malfunctioning traffic lights throughout the city's main districts. Some sets of traffic lights in Vientiane Capital have...

Cambodia Launches “My Second Home” Program to Encourage Foreign Investment

Cambodia has launched a program to encourage foreign investment that offers a ten-year visa and other benefits to those who invest in the country. Khmer...

MRC: Maximize Advantages and Minimize Impact of Hydropower Projects

The Mekong River Commission (MRC) has urged the six countries along the Mekong River to maximize the advantages of hydropower projects while minimizing their...

Laos Inflation Reaches 22-year High at 23.6 Percent

Year-on-year inflation in Laos increased to 23.6 percent in June, according to the latest statistics from the Lao Statistics Bureau. Vientiane Times reports that the...

Laos-Vietnam Railway Project to Link Vientiane with Thakhek

The Government of Laos has greenlit a feasibility study for a railway project that would link Vientiane Capital with Thakhek, in Khammouane Province. Lao Economic...