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,...

No End In Sight for Trucks in Laos Stranded at Chinese Border

Authorities in Luang Namtha Province are scrambling to assist thousands of trucks and other vehicles stranded at the border with China in Boten. A...

Laos-China Railway Asks Govt Permission to Use Foreign Currency

The Laos-China Railway Company has asked the government of Laos to allow it to use foreign currency for its transactions. Vientiane Mai reports that the...

NTP Petrol Launches Fuel Delivery Service in Laos

NTP Trading Petroleum Public Company has launched a new fuel delivery service helping motorists to fill up anywhere, any time. The fuel delivery service was...

Laos Records USD 1 Billion Trade Surplus in 2021

Laos recorded a trade surplus of USD 1 billion in 2021, with the country's overall imports and exports, excluding power exports, totaling USD 13...

Attapeu International Airport Handed Over to Air Force

After a lengthy closure, Attapeu International Airport has now been handed over to the Lao People's Liberation Air Force. A handover ceremony between the Civil...

Laos Has Second Highest Inflation Rate in ASEAN

Laos is suffering from one of the highest inflation rates in the region, raising concerns as the population suffers from financial hardship. Year-on-year inflation in...