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,...

Nam Theun 2 Marks 15 Years with Golf Classic in Vientiane

On 15 March, Nam Theun 2 Power Company Limited (NTPC) celebrated its 15th anniversary with the Nam Theun 2 Golf Classic, held at the...

Lao Government Grants Tax Exemption Up to 30 years for Amata Investment Zone

On 20 March, members of the National Assembly (NA) approved a special incentive package for investors in the Amata Special Economic Zone, granting them...

Former Electricité du Laos Officials, Contractors Face Prosecution Over Corruption

A former Deputy Director of Electricite du Laos (EDL) and four contractors, including one foreign national, are facing prosecution for corruption and fraud involving...

Lao National Assembly Debates Major Constitutional Reforms: What’s at Stake

The Lao National Assembly is currently debating the 2025 Draft Constitution of Laos, which proposes a number of major changes to the country’s legal...

Vientiane Residents Demand Action Amid Ongoing Water Shortages

Many households in Vientiane are struggling with water supply issues, including shortages and low water pressure. Residents are growing increasingly frustrated, as water disruptions...

Laos Tackles Bureaucratic Bloat with Major Government Overhaul

As Laos continues to grow and change, the Lao People’s Revolutionary Party has recognized that its government structure isn't keeping pace with the country's...