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,...

National Assembly Passes Resolution On Fuel Price Stabilization Measures

The National Assembly of Laos has passed a resolution to reduce the excise tax on fuels in order to attempt to avert a fuel...

Covid and Conflict Complicate Fruit Supply Across Southeast Asia

China’s zero-Covid policy for imports has disrupted the Thai exportation of durian crops, while coffee farmers in Vietnam have resorted to growing avocados and...

Laos to Seek Oil From Russia

A notice issued by the Prime Minister's Office yesterday directed relevant ministries to seek cheap oil from Russia. The notice was in response to proposals...

Inflation Reaches 9.9 Percent in Laos

Year-on-year inflation in Laos increased to 9.9 percent in April, according to the latest statistics from the Lao Statistics Bureau. Inflation jumped from 6.25 percent...

Government of Laos calls on Society to Save Petrol

The Government of Laos has called on society to try to save petrol as much as possible amid a growing fuel crisis in the...

Lao Officials Promote Environmental Protection at Mining Projects

Laos is promoting investment in mining to boost revenue through the export of natural resources, however, officials say it must also ensure environmental protection. ...