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,...

Cambodia Looking Into Railway Connection with Laos

A Cambodian delegation has arrived in Laos to explore the possibility of connecting Cambodia and Laos via a railway line. Members of the Cambodia Logistics...

Lasting Laos: Reopening the Country to Sustainable Tourism

The "Lasting Laos" campaign and the SUSTOUR Laos Project are working with local businesses to encourage sustainable tourism and help the Lao economy recover...

Nam Tha 1 Hydropower Station Successfully Sends Power to China

China and Laos have attained two-way transmission of power for the first time since a grid link project between the two countries was initiated...

Singapore Hungry for Electricity from Laos

Laos will shortly begin supplying Singapore with electricity under the Laos-Thailand-Malaysia-Singapore Power Integration Project (LTMS-PIP). Vientiane Times reported on Monday that a total of 100...

Ministry of Labor and Social Welfare Raises Minimum Wage

The Ministry of Labor and Social Welfare will raise the minimum wage for low-skilled workers amid the rising cost of living in Laos. According...

Laos Sells, Dissolves, and Reforms State Enterprises

Laos has begun selling shares in its state enterprises to local investors as part of reforms expected to unburden the state amid economic woes. A...