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,...

ECCIL EuroCham and the European Union Delegation Co-organized the 2nd Lao-Europe Business Networking and Promotion

The European Chamber of Commerce and Industry in Lao PDR (ECCIL EuroCham) and the European Union Delegation in Lao PDR co-organized the Lao-Europe Business...

Thais Caught Smuggling Petrol into Laos

Nong Khai Customs House has said that Thais have been caught attempting to smuggle fuel into Laos. Bangkok Post reports that Thai citizens have made...

Laos-China Railway Opens New Station in Oudomxay Province

The Laos-China railway has announced the opening of a Namor Railway Station in Oudomxay province starting 1 June.  A standard K12/1 train will be put...

Laotians Continue to Visit Thailand for Petrol

Laotians are flocking to Nong Khai, Thailand, to fill their vehicles with petrol in response to chronic fuel shortages in Laos. According to Channel One...

Laos Party Central Committee Resolves to Address Economic Problems

The Lao People's Revolutionary Party Central Committee has resolved to take immediate measures to address the country's economic issues, including the fuel shortages, spiraling...

Bank of Laos Vows to Resolve Foreign Exchange Problems

The Bank of the Lao PDR held a press conference today to announce solutions it has proposed for the ongoing foreign currency problem faced...