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,...

Overview of Laos’ Economy in 2021 and Forecast for 2022

The Lao National Socio-Economic Research Institute has released a report on the state of the economy in Laos for 2021, as well as predicted...

BCEL Withholds 2021 Dividends

The Banque Pour Le Commerce Exterieur Lao Public (BCEL) has announced that 2021 dividends will not be paid out to shareholders. According to a recent...

Laos’ Surging Inflation a Cause for Concern

Residents in Laos have begun to voice concerns about the impact of rapidly rising inflation on the cost of living. Inflation in Laos is set...

Laos-China Railway Warns Against Trespassing and Climbing Barriers

The Laos-China Railway Company is warning people who trespass or illegally climb over barriers that their actions could be deadly. Residents were caught by railway...

Laos Issues New Legislation Authorizing Natural Timber Product Exports

The Lao government has issued new legislation authorizing the export of natural wood products. The new regulation is aimed at boosting production and wood processing,...

Laos Oil Refinery in Xieng Khouang to Begin Production Soon

Laos' new oil refinery in Xieng Khouang Province will begin processing crude oil in the coming months. The refinery, located in Pek District, Xieng Khouang Province,...