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 Expressway to Link Houaphanh Province with Vietnam

The Government of Laos has agreed with contractors to conduct a feasibility study for the construction of an expressway from Houaphan Province to the...

AIF Group Purchases Majority Stake in Entreprise des Postes Lao 

AIF Group has purchased a major stake in Laos’ state-owned post company, Enterprise de Postes Laos. A signing ceremony was held on 28 April at...

Ariana Invests in Laos Gold and Copper Exploration with Asgard Metals

Ariana Resources, via its wholly-owned Asgard Metals Fund, is to take an interest in Annamite Resources Holdings Pte Ltd, a Singapore-based company with copper and...

Government of Laos Vows to Tackle Currency and Fuel Prices in May

The Government of Laos has outlined currency depreciation and high fuel costs as the two most urgent issues it will tackle this month. Government Spokesperson...

World Bank Country Director for Laos Meets with Finance Minister

The World Bank Group’s Country Director for Myanmar, Cambodia, and Lao PDR, Mariam Sherman, today began her first visit to Laos by meeting the...

Government of Laos Agrees to Raise Minimum Wage

The Government of Laos has agreed to a minimum wage increase amid a rising cost of living and rampant inflation. The decision was reached among...