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,...

Feasibility Study Completed for Vientiane to Pakse Expressway

A new expressway linking Vientiane Capital with Champasack Province is closer to reality after a feasibility study for the project has been completed. The...

Laos Records Bumper Trade Surplus in 1st Quarter

Laos recorded a trade surplus in the first three months of this year, despite the continued depreciation of the Lao kip amid increased production...

2022 Road Tax Now Payable in Laos

The Ministry of Finance has called upon vehicle owners to make payment of the 2022 road tax, which is now due and payable. According to...

Laos Cabinet and National Assembly Meet to Discuss Economic Woes

Cabinet ministers and National Assembly members held a special meeting yesterday to discuss the country's growing economic problems. The meeting, co-chaired by Mr. Xaysomphone Phomvihane,...

State Inspection Authority: USD 732 Million Lost to Corruption Since 2016  

Since 2016, the Lao government has lost funds in various currencies totaling USD 732 million to corruption, according to a recent report. The State Inspection...

Housing for Attapeu Flood Victims Still Unfinished

New homes for victims of the 2018 dam collapse in Attapeu Province have yet to be completed nearly four years after the disaster. KPL reports...