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,...

Luang Prabang to Build Ring Road Connecting UNESCO City, Chomphet District

Luang Prabang authorities have launched a major infrastructure project to build an 80-kilometer ring road connecting Luang Prabang City with Chomphet District. They held...

Laos to Boost Digital Skills with USD 9.9 million Support from South Korea

Laos is set to accelerate its digital transformation with support from the Korea International Cooperation Agency (KOICA), which has pledged USD 9.9 million to...

Laos Reaffirms Interest in Joining BRICS, Deepens Ties with Russia

Lao Prime Minister Sonexay Siphadone has reaffirmed Laos’ interest in joining BRICS, a key alliance of emerging economies, stating that the country is currently...

Laos Grants Land to South Korea for Tourism Project in Phonhong

The Lao government has granted 500 hectares of land to South Korea’s Oriental Pearl Company Limited to develop a modern, full-cycle tourism hub in...

Plans Advance for New Vientiane-Nong Khai Railway Bridge

Laos, Thailand, and China are discussing plans to advance the construction of a new Vientiane-Nong Khai railway bridge crossing the Mekong River. The trilateral meeting,...

Lao Overseas Workers Send Home USD 29 Million in First Half of 2025

Lao nationals working overseas remitted more than USD 29 million in the first half of 2025, according to the Ministry of Labour and Social...