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 Economy Inches Forward as Inflation Eases in September, Exports Keep Rolling

The cost of living in Laos is still rising, but not as fast as before. New data from the Lao Statistics Bureau shows that...

Laos Targets Over 43 Million Tourists By 2030

Laos aims to attract more than 43 million tourists between 2026 and 2030, Minister of Culture and Tourism Suansavanh Viyaket announced at the Party...

Vientiane-Boten Expressway Set for Completion by 2030, Says Deputy Prime Minister

The Vientiane-Boten Expressway, linking Laos’s capital to Boten in Luang Namtha Province, is expected to be completed by 2030, Deputy Prime Minister Saleumxay Kommasith...

Tourist Arrivals in Laos Increased by 15 Percent in First Eight Months of 2025

Laos welcomed over 3,061,928 international tourists in the first eight months of 2025, a 15 percent increase compared to the same period in 2024,...

Wind Power Project in Savannakhet Nears Completion, on Track for Commercial Operation by End of 2025

The Savan 1 Wind Power Project in Savannakhet reached 85 percent completion and is expected to begin commercial operations by the end of 2025,...

Sekong Province Offers LAK 50 Million, University Placement for Outstanding Students

Students in Sekong Province who graduate from grade 12 with a red diploma in the 2025–2026 academic year will receive LAK 50 million (USD...