The Diplomat
Inflation in Laos Reaches 22-Year High as Economic Crisis Worsens
Inflation continues to spiral out of control in Laos, with the country’s Statistics Bureau announcing this week that the country’s year-on-year inflation had risen to a 22-year high of 23.6 percent in June. According to a report in the state-run Vientiane Times, the consumer price index ...
Sebastian Strangio
Fuel Shortages Threatens Rural Crisis in Laos
For the past few months, the nation has been hit by rising global oil prices and a weakening local currency, which have led to a steep rise in the price of fuel and widespread shortages. In April, petrol and diesel prices rose 72 percent and ...
Sebastian Strangio
Laos-China Railway Inaugurated Amid Mounting Debt Concerns
Officials from China and Laos today marked the official launch of the $5.9 billion railway connecting the two nations, officially completing the first link of a long-envisioned rail line connecting southwest China with Singapore. The project will no doubt bring an economic jolt to Vientiane ...
Sebastian Strangio
Laos Tightens COVID-19 Restrictions as Infections Reach New Peak
Most of the cases have occurred in Vientiane, prompting the municipal authorities to declare a strict lockdown for two weeks beginning Sunday. Under the new restrictions, residents will be forced to stay in their homes unless obtaining food or medicine, or making their way to ...
Sebastian Strangio
Hydropower vs Heritage: Will Laos Lose Luang Prabang?
The Lao government’s high-risk plan to install a massive dam on the Mekong River, perilously close to the renowned UNESCO World Heritage site of Luang Prabang, shows a disregard for its legal obligations to protect the renowned site, according to conservation experts.Keep reading ...
Tom Fawthrop
What’s Behind Laos’ New Budget Crackdown?
In recent months, the Lao government and media outlets have been vocal about regulating public expenditure. The latest significant manifestation of this is the government’s recent decision to put a cap on expenses claimed by its officials in a move to regulate their expenditure.A new ministerial ...
Tae-jun Kang