Laos News News Laos » Economy: Laos, Thailand seek stronger economic, border ties
VIENTIANE: The governments of Laos and Thailand are seeking to strengthen economic, energy and border cooperation, with both sides calling for concrete results from their longstanding partnership.
News Laos » Economy: Why Dollarization Is the Solution to Laos’ Economic Woes
Laos posted an annual average growth in its gross domestic product (GDP) of more than 7 percent between 1985 and 2019. That was nothing short of an “economic miracle.” That said, since 2019 the ...
News Laos » Economy: Laos Bet Big on China-Backed Dams. Its Economy Is Paying the Price
Laos' government has longstanding plans to turn the landlocked country of 8 million people into "the battery of Southeast Asia" by exporting electricity generated by hydropower dams along the Mekong ...
News Laos » Economy: Malaysia, Laos explore new growth areas as bilateral ties mark 60 years
PHNOM PENH: (Bernama) After six decades of diplomatic ties underpinned by growing trade and investment, Malaysia and Laos are exploring the next phase of their economic partnership, with ...
News Laos » Economy: Việt Nam, Laos strengthen “strategic cohesion” in economic sector
Prime Ministers of Việt Nam and Laos called for faster infrastructure links and more investment at a Vientiane conference, where 17 certificates and agreements were presented.
News Laos » Economy: Can Laos’ Communist Party Recover From the Current Economic Crisis?
For the past three decades, the Lao People’s Revolutionary Party (LPRP) government appeared to prove the claim that Asia’s communist parties survive – and can even thrive – through “economic ...
News Laos » Economy: Lao media highlight economic, social gains from Vietnamese PM’s visit
In reports published on October 11, Lao outlets said the visit not only strengthened the political foundation of bilateral ties but also generated fresh momentum for economic cooperation between the ...
News Laos » Economy: Vietnam, Laos strengthen “strategic cohesion” in economic sector
The great friendship, special solidarity, comprehensive cooperation and strategic cohesion between Vietnam and Laos, and between Laos and Vietnam, are an invaluable asset of the Vietnamese and Lao ...
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: Lao students quit school amid dismal economy
Middle and high school students in Laos say they are dropping out of school because of the country’s dismal economy and lack of job opportunities, while fewer young people are enrolling in ...