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,...

Japan Honors Sonexay Siphandone with Order of the Rising Sun

On 29 April, the Japanese government announced that Grand Cordon of the Order of the Rising Sun is conferred on Sonexay Siphandone, Prime Minister...

Laos Expands Vocational Training to Curb Labor Shortage

The Lao government will introduce new vocational education programs in the 2024–2025 academic year as part of efforts to modernize education and address labor...

Laos, Vietnam Inaugurated Wharf No.3 to Boost Trade

On 28 April, Wharf No. 3 at the Lao-Viet International Port was officially inaugurated in the Vung Ang Economic Zone, Ky Anh township, Ha...

Vietnam to Establish English as Second Language by 2035

Vietnam is set to establish English as the second language for all general education students by 2035, with full implementation continuing through 2045.  This plan,...

East Asia Pacific Growth Slows in 2025, World Bank Says

East Asia and Pacific has led in economic growth, but to sustain momentum and create jobs, countries must address global uncertainties. Key challenges include...

Thailand-Cambodia Crime Pact Shouldn’t Undermine Human Rights, Says Right Group

Thailand and Cambodia’s new agreement to combat transnational crime must not come at the expense of human rights, Human Rights Watch (HRW) said on...