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,...

Chao Anouvong Stadium Renovation on Track for Late 2026 Completion

The renovation of Vientiane’s Chao Anouvong Stadium is on track and is expected to be completed by October 2026, the Ministry of Education and...

New Cross-Border Infrastructure Project to Strengthen Connectivity in Southern Laos

Authorities in Attapeu have officially launched construction of a major infrastructure project designed to improve cross-border transport and stimulate regional economic growth. The initiative...

Laos Calls for Increased ASEAN Investment in Nature-Based Solutions

Laos is urging ASEAN member states to ramp up investment in Nature-based Solutions (NbS) and Ecosystem-based Adaptation (EbA), calling them powerful tools for protecting...

New Incentives for Nature-Based Tourism Investment in Lao Forests

World Bank Laos - A decision announced today by the Lao Ministry of Agriculture and Environment will promote nature-based tourism in forested areas of...

Laos Signs Agreement to Develop Pumped-Storage Hydropower Project in Sekong

On 1 September, Électricité du Laos Generation Public Company (EDL-Gen) signed an agreement with private firms from Singapore to develop the pumped-storage hydropower (PSH)...

One in Three Girls in Laos Married Before 18, UNICEF Reports

One in three girls in Laos is married before 18, making it one of the highest child marriage rates in the region, UNICEF reports. Despite...