Laos News News Laos » Economy: Why Dollarization Is the Solution to Laos’ Economic Woes
Relieved of the need to keep its currency afloat, the central bank could focus on addressing the country’s worsening foreign debt crisis. Laos posted an annual average growth in its gross domestic ...
News Laos » Economy: Seminar maps path to Laos’ Least-Developed Country graduation
VIENTIANE: A national seminar has highlighted stronger governance, legal reform and investment in human resources as key priorities for Laos to smoothly graduate from Least Developed Country (LDC) ...
News Laos » Economy: Vietnam - Laos trade targets 10 billion USD
A Vietnam - Laos business networking seminar was held in Vientiane on July 17, bringing together more than 120 officials and representatives of business associations and enterprises of both sides as ...
News Laos » Economy: Laos’s economic reckoning
Laos had the feeling of a nation moving ever closer to an economic reckoning in 2023, even though the outcome is likely to be ambiguous and protracted. While according to official statistics, Laos ...
News Laos » Economy: Can Laos’ Communist Party Recover From the Current Economic Crisis?
The ruling Lao People’s Revolutionary Party has grossly mishandled the economy, but there is no political alternative – at least for now. For the past three decades, the Lao People’s Revolutionary ...
News Laos » Economy: Deputy Prime Minister visits Laos-International Precious Metals Refinery
Deputy Prime Minister and Finance Minister, Mr Santiphab Phomvihane, on July 17 conducted an official visit to monitor and encourage the operational progress and production processes at the ...
News Laos » Economy: Laos is spiraling toward a debt crisis as China looms large
Laos borrowed billions from President Xi Jinping's administration to finance railways, highways and hydroelectric dams, which has ballooned public debt to over 100% of GDP. Combined with a currency ...
News Laos » Economy: ASEAN finance leaders end meetings in Laos, pointing to challenges from geopolitics, volatile prices
LUANG PRABANG, Laos (AP) — Southeast Asian economies are gaining ground as tourism and exports recover from the shocks of the pandemic, but geopolitical tensions and volatile commodity prices still ...
News Laos » Economy: Laos touted as hidden gem for land developers
Laos is fast emerging as a land of opportunity for land developers, ahead of a highly anticipated launch of a new high-speed train connecting the Southeast Asian country with China this week. The ...
News Laos » Economy: Laos, Cambodia, Myanmar could overtake the Philippines' GDP — CCPI
If the Philippines does not do anything, Laos, Cambodia, and Myanmar could overtake the country's gross domestic product (GDP) figures, the president of the Chamber of Commerce of the Philippine ...
News Laos » Economy: China Strengthens Hold on Struggling Neighbor
See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. The first stop is the Mekong River sunset selfie. Chinese tourists are ...