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,...

Public Left to Speculate as Fuel Shortages Continue in Laos

Despite continued fuel shortages that have been described as a crisis for Laos, little guidance has been provided to the public as gaps in...

Myanmar Central Bank Bans Payments in Foreign Currency

The Central Bank of Myanmar (CBM) on Wednesday banned foreign currency for local payments to stabilize the foreign exchange rate in the country. The bank...

Laos-China Railway to Link with Thanaleng Dry Port 

Authorities have begun preparations to link the Laos-China Railway to the Thanaleng Dry Port to better facilitate freight transportation. While goods are currently transported by...

US President Biden Forms Economic Bloc for Indo-Pacific

US President Joe Biden has formed an economic framework with 12 Indo-Pacific nations officially named the Indo-Pacific Economic Framework. Five years after his predecessor pulled...

New Cryptocurrency Mining Operation Opens in Laos 

Laos has officially launched a cryptocurrency mining operation in Bachiang Chaleunsouk District, Champasack Province. A ceremony to launch the project was held by Lao...

Thailand to Legalize Undocumented Workers from Neighboring Countries

Thailand has said it hopes to legalize undocumented migrants to meet an increased demand for foreign labor. Bangkok Post reports that If the plan is...