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 Bans Unregistered Cosmetics Resembling Popular Brands

The Food and Drug Department (FDD) has banned the import, sale, distribution, advertising, and use of five cosmetic brands after finding that they entered...

Business, Labor Experts Talk Responsible Business Standards as Laos Prepares for LDC Graduation

Business and labor experts met in Vientiane on 3 September to discuss standard guidelines for responsible business operations. The meeting, led by The Lao National...

Laos, Kazakhstan Seek New Railway Links to Expand Trade

Laos and Kazakhstan are exploring new railway and logistics links that could open a trade route between Southeast Asia, Central Asia and Europe. Lao President...

Vat Phou Champasak Returns to State Management After Concession Expiry

Champasak authorities assumed full management and preservation of the Vat Phou UNESCO World Heritage site on 1 September. This transition follows the expiration of private...

Thongloun Pushes Multilateralism at SCO Summit, Deepens India, Kyrgyzstan Ties

President Thongloun Sisoulith attended the Shanghai Cooperation Organisation (SCO) Plus Meeting in Bishkek, Kyrgyzstan, from 31 August to 1 September, calling for stronger multilateral...

Laos Inflation Reaches 7.7% in August, Remains Above Target

Laos’ inflation rate reached 7.7 percent in August, a slight increase from 7.6 percent in July, while average inflation for the first eight months...