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 Signs Agreement to Build Longest Highway Connecting Laos, Vietnam

The Lao government has signed a Memorandum of Understanding (MoU) with Phongsavanh Group Co., Ltd. to develop the country’s longest expressway, marking a major...

Laos Trade Surplus Hits USD 160 Million on Back of Rising Exports

Laos recorded a strong trade surplus of approximately USD 160 million in March, despite a significant rise in imports, according to newly released figures...

Lao Ministry Reports Major Reading Gains Among Students in Champasack, Attapeu Provinces

Over 29,000 young students in the southern Champasack and Attapeu provinces have significantly improved their reading abilities, said the Ministry of Education and Sports...

Inflation Eases to 8.3% in May, But Key Prices Remain High

The inflation rate in May stood at 8.3 percent, showing a significant drop from 11.1 percent in April, according to a report from the...

Southeast Asian Nations Express ‘Deep Concern’ Over US Tariffs

By Rebecca BAILEY and Isabelle LEONG/AFP - Southeast Asian leaders expressed "deep concern" over US tariffs Tuesday, as they held a summit with China...

Vientiane, Kunming Hospitals Partner to Boost Cardiac Care in Laos

On 26 May, Mahosot Hospital in Vientiane Capital renewed its partnership with Fuwai Cardiovascular Hospital of Kunming, China, to enhance cardiac care in Laos. The...