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,...

USD 210 Million Spent on Poverty Reduction in Laos Since 2003

Laos has received USD 210 million in poverty reduction funding from international organizations over the last eighteen years.  Mr. Phatnakhone Kanthamixay, Director of the Poverty...

Bolikhamxay Officials Clarify Viral Logging Truck Image

An image of a truck transporting timber that rolled over in Bolikhamxay Province went viral this week, drawing criticism from social media users who...

Golden Triangle Special Economic Zone Celebrates 15th Anniversary

The Golden Triangle Special Economic Zone celebrated its 15th anniversary this month amid much fanfare and media coverage domestically. The Zone, located along the Mekong...

Vientiane Authorities Crack Down on Illegal Currency Exchange Operators 

Authorities in Vientiane Capital are struggling to control unlicensed currency exchange businesses amid a widening gap between official and market exchange rates. Rising inflation and...

Construction Begins on China-funded Educational Facility in Vientiane Capital

Construction of a new facility funded by China at the Laos Institute of Posts and Telecommunications in Vientiane Capital has begun. Lao Minister of Technology...

Laos Forms New Committee to Reform Struggling Power Company

The Government of Laos has set up a special committee to reform Electricite du Laos (EDL) as part of attempts to reign in bloated...