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 Chamber of Commerce Proposes Strategies to Stabilize Currency

The Lao National Chamber of Commerce and Industry has proposed a number of strategies for stabilizing the currency and ending the ongoing fuel crisis...

“Fuel Tourism” as Laotians Cross into Thailand to Fill Up

A new type of tourism has emerged as a burgeoning fuel crisis sweeps across Laos, with Laotians crossing into Thailand to fill up their...

Government of Laos Seeks Way Out of Fuel Crisis

The Government of Laos is seeking solutions to the fuel crisis, including finding ways to access the foreign currency desperately needed to bail out...

Vientiane Province Closes Tourist Sites Around Nam Ngum Reservoir

Tourism sites around the Nam Ngum Reservoir will be closed to visitors for 18 months due to a development project in Keooudom District, Vientiane...

Laos Fuel Crisis Nears Breaking Point as Vientiane Capital Runs Dry

Motorists in the nation's capital queued for hours yesterday in the hope of filling up their tanks before pumps ran dry. Provinces across the country...

Nam Ngum 4 Hydropower Project 90% Complete

The Nam Ngum 4 Hydropower Project in Xieng Khouang province is now 90% complete, valued at over USD 760 million.  KPL reports that Xieng Khouang,...