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 Government Launches USD-70-Million Upgrade of National Road 13 South

The Lao government has launched a major infrastructure project to upgrade a key section of National Road 13 South, aiming to boost trade, regional...

Lao Government Launches Legal Pathway for Jobs in Korea’s Fishery Sector

Laos is set to deploy workers to South Korea’s fisheries sector for the first time under the E-10-2 visa program, a move aimed at...

Laos Approves Cost-Cutting Road Policy to Boost Infrastructure

The National Assembly has approved a new policy aimed at promoting road construction and repair across the country, as proposed by the Minister of...

Laos Commits LAK 215 Billion to Strengthen Education and Keep Students in School

The Lao government has allocated over LAK 215 billion (approximately USD 9.97 million) to strengthen the country’s education sector, with a focus on increasing...

Oil surges, stocks fall on Middle East fears as Israel strikes Iran

AFP – Oil prices soared and stocks sank Friday after Israel launched "preemptive" strikes on Iran's nuclear and military sites and warned of more...

EssilorLuxottica Expands in Laos with New High-Capacity Lens Facility

EssilorLuxottica, a global leader in the design, production, and distribution of ophthalmic lenses, optical equipment, and eyewear, including both prescription and sunwear, has strengthened...