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Laos economy

Is Laos’ Prime Minister On His Way Out?
December 28, 2022

Is Laos’ Prime Minister On His Way Out?

By David Hutt
Phankham Viphavanh, who took office in early 2021, may be on the way out -- hounded by scandal and a bad year for Laos’ economy.

What if the Communist Social Bargain Breaks Down in Laos?
December 02, 2022

What if the Communist Social Bargain Breaks Down in Laos?

By David Hutt
The economy is stagnant and discontent is on the rise. But don't bet on a mass uprising against the ruling communist party.
Are Laos’ New Railways a Solution to its Lack of Trade with the West?
November 02, 2022

Are Laos’ New Railways a Solution to its Lack of Trade with the West?

By David Hutt
Transport costs are not the only problem facing the country, but reducing them could help spur progress in other areas.

Ratings Agency Announces Pending Withdrawal of Rating for Laos
August 31, 2022

Ratings Agency Announces Pending Withdrawal of Rating for Laos

By Sebastian Strangio
The decision by the Fitch ratings agency testifies to the depth and unpredictability of the country's current economic crisis.

Why Vietnam Should be Worried About Laos’ Economic Crisis
July 22, 2022

Why Vietnam Should be Worried About Laos’ Economic Crisis

By Khang Vu
The country's travails could deepen China's influence and destabilize the longstanding alliance between Hanoi and Vientiane.

Inflation in Laos Reaches 22-Year High as Economic Crisis Worsens
July 06, 2022

Inflation in Laos Reaches 22-Year High as Economic Crisis Worsens

By Sebastian Strangio
Ordinary people are struggling to keep pace with precipitous increases in the price of petrol, cooking oil, and other basic necessities.

Laos Is On the Brink of Sovereign Bankruptcy
June 28, 2022

Laos Is On the Brink of Sovereign Bankruptcy

By Luke Hunt
Debt, wealth inequality, and corruption will keep the country poor.
In Laos, Prime Minister Phankham Viphavanh Is In Trouble
June 23, 2022

In Laos, Prime Minister Phankham Viphavanh Is In Trouble

By David Hutt
Since he took the reins last year, the country's economy has entered a downward economic spiral with no clear end in sight.

Fuel Shortages Threatens Rural Crisis in Laos
June 03, 2022

Fuel Shortages Threatens Rural Crisis in Laos

By Sebastian Strangio
A candid report in a sedate state-run newspaper hints at the seriousness of the country’s economic problems.

What’s Causing the Currency Crisis in Laos?
May 31, 2022

What’s Causing the Currency Crisis in Laos?

By James Guild
Mounting foreign liabilities and thin foreign exchange reserves have left the nation of 7 million acutely vulnerable to global financial shocks.

Lao Economy Grinding to a Halt as Fuel Crisis Deepens
May 11, 2022

Lao Economy Grinding to a Halt as Fuel Crisis Deepens

By Sebastian Strangio
A plummeting currency, dwindling foreign reserves, and a spike in global oil prices have led to shortages across the country.
Despite Crime Concerns, Laos Authorizes Cryptocurrency Trial
September 16, 2021

Despite Crime Concerns, Laos Authorizes Cryptocurrency Trial

By Sebastian Strangio
But little good will come from authorizing the mining and trading of the volatile digital currencies.

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