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,...

Laos, Myanmar Sign Five-Year Cooperation Agreement

Laos and Myanmar have signed a five-year Memorandum of Understanding (MOU) aimed at strengthening bilateral cooperation and deepening people-to-people ties between the two nations. The...

Laos Opens First Privately Financed International Airport in Golden Triangle Area

Laos officially opened Bokeo International Airport on 6 March, marking a major milestone in the country’s aviation development and regional connectivity plans. Located in Ban...

Luang Prabang Cracks Down on Traffic in World Heritage Zone

The Luang Prabang City Administrative Committee has issued a new traffic notice aimed at reducing congestion and improving road order in the city's UNESCO...

International Monetary Fund Says Laos Economy Stabilizing but Risks Remain

Laos has made progress in stabilizing its economy after a period of high inflation and exchange rate pressure, but significant risks remain, according to...

Fuel Prices Surge in Laos as Middle East Conflict Pushes Up Global Oil Costs

Fuel prices across Laos surged sharply on 6 March following turbulence in global oil markets triggered by the escalating conflict in the Middle East. Under...

Thahao Reservoir Irrigation Project Set to Benefit Over 2,100 Families in Savannakhet

The Thahao reservoir and irrigation project currently under construction in Savannakhet Province is expected to benefit 2,174 families once completed. Located in Nakhum village, Outhoumphone...