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,...

Lao Development Bank Marks 4th Anniversary, Launches New Features on LDB TRUST App

On 12 December, at Landmark Mekong Riverside Hotel in Vientiane Capital, Lao Development Bank Co., Ltd. (LDB) held LDB Night to mark the fourth...

Laos, Vietnam Plan Joint University, Expand Student Exchange

Laos and Vietnam have agreed to establish a Lao-Vietnam University in Laos and expand a program sending students from border areas to study in...

Laos Rejects Claims of Oil Re-exports to Cambodia, Assures Compliance with Law

Lao Minister of Industry and Commerce Malaithong Kommasith has confirmed that all oil imported from Thailand is strictly reserved for domestic use within Laos,...

Seno EV Hub Launches Laos’ First 400kW Fast-Charging Station for Multiple Electric Vehicles

A new electric vehicle (EV) charging station, capable of serving up to eight vehicles simultaneously, has officially opened at the Seno Rest Area in...

Transport Ministry Orders Changes to BRT Design as Project Faces Safety, Funding Challenges

The Ministry of Public Works and Transport has ordered adjustments to the Bus Rapid Transit (BRT) project, shifting from concrete curbs to painted lane...

New Lao-Thai Friendship Bridge Set for Inauguration on 25 December

The fifth Lao-Thai Friendship Bridge, spanning 1,350 meters, connects Bolikhamxay Province in Laos with Bueng Kan Province in Thailand. The bridge has been fully...