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 Flags Millions in Misused Funds Across Public Projects

The State Inspection Authority has flagged USD 1.976 million in diverted funds and spending on unused assets in Vientiane’s USD 99.7 million Bus Rapid...

Laos Sets 60 Million-Liter Fuel Reserve Floor, Diversifies Imports, Lao PM Saleumxay Says

Laos will keep domestic fuel reserves at around 60 million liters or more and encourage companies to buy from multiple countries as the government...

Laos Economy Grows 4.8 percent in Nine Months, but Inflation, Tourism Lag

Laos’ economy grew 4.8 percent in the first nine months of 2026, Prime Minister Saleumxay Kommasith told lawmakers on 5 October, crediting manufacturing, private...

Laos, Thailand Move Luang Prabang Bridge Toward Construction

Laos and Thailand have moved a planned 820-meter bridge in Luang Prabang Province into the next stage of development, with the project’s environmental and...

Laos Advances Land Compensation for Vientiane-Hanoi Expressway

Bolikhamxay is finalizing land compensation rates for the Vientiane-Hanoi Expressway, pushing forward a major infrastructure project designed to link landlocked Laos with Vietnamese seaports. Local...

Laos to Reopen Applications for Non-Bank Financial Institutions by End of 2026

The Lao central bank plans to resume accepting applications to establish new non-bank financial institutions by the end of 2026, after suspending new applications...