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,...

New Economic Corridor to Boost Regional Trade through Laos

The World Bank's Board of Executive Directors has authorized a USD 132 million project to boost climate-resilient transport connections and regional commerce along an...

Khammouane Fuel Chief Urges Residents to Reduce Travel

A top executive at the Khammouane Branch of the Lao State Fuel Enterprise has called on residents to conserve fuel and give priority to...

Farmers in Laos Make Desperate Plea for Assistance Amid Fuel Crisis

Lao farmers are in desperate need of fuel and are pleading for an urgent solution to the ongoing fuel crisis. The Lao Farmers Network made...

Laos Sees Trade Deficit of USD 102 Million in April

Laos posted a trade deficit of 102 million US dollars in April, the first trade shortfall in 2022 following three months of trade surplus. According...

Laos Economy Short-changed by Foreign Currency Outflows

Foreign currency outflows have outpaced inflows, resulting in a lack of foreign currency, and making it harder for the economy to import commodities. Vientiane Times...

Vice Minister of Energy and Mines Opens LXML Sepon Underground Mine

Community and government stakeholders yesterday visited Lane Xang Minerals Limited (LXML) Sepon mine opened the first modern underground mine in Lao PDR. With a mineral...