Economy

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 bond and signing a tax agreement with Hong Kong aimed at reducing costs for cross-border investors. On 29 October, S&P Global Ratings upgraded Laos’s long-term credit rating from CCC+ to B-, with a stable outlook, indicating...

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,...

Laos Links South Korea Work Visas to Overstay Rates as Program Expands

Laos will suspend access to South Korea’s seasonal work program for 3 years if...

Man Arrested for Theft of Railway Components

A man has been arrested in Vientiane Capital for stealing railway construction components along the Laos-China Railway. According to a report by Lao Youth Radio,...

Building a Sustainable and Green Economic Corridor for Laos, Hand In Hand with FAO

Editorial (Op-Ed) by Mr. Nasar Hayat - Food and Agriculture Organization of the United Nations Representative in the Lao People's Democratic Republic, Mr. Nasar...

New Indicative Ending Date Set for Sanakham Dam Consultation

An MRC governance meeting has agreed to a new indicative date to conclude the prior consultation process of the 684-megawatt Sanakham dam. The decision by...

Vientiane Capital Signs Off On Flood Protection Project and Public Park

The second phase of a flood protection embankment along the Mekong River in Vientiane Capital is to commence next month. The eight-kilometer embankment will commence...

Bokeo-Xayaboury Bridge Over 66 Percent Complete

The Konteun-Huaykeo Bridge, which spans the Mekong River to link Bokeo and Xayaboury provinces is more than 66 percent complete. Bokeo newspaper reports that Head...

Final Rail Welded on Laos-China Railway

China Railway Group has welded the final 500-meter section of seamless rails on the Laos-China Railway line in time for the project's opening at...