Laos economy

The 2001 deal delivered millions to an in-law of the former president, Bounnhang Vorachit, while blocking tobacco tax hikes for 25 years.

The Bank's new forecasts put Cambodia and Laos well below targeted sustainable growth.

Zhao Wei is the head of the Golden Triangle Special Economic Zone in Bokeo province, a known haven of cyber-scam operations.

The death of six foreigners in Vang Vieng threatens to undermine the government's desperate attempts to revive its tourism sector.

The country's public debt is unsustainable, while inflation sits at 25 percent and the kip continues its freefall.

As strange as it sounds, it is not unusual for nations to include criminal activities in their official economic reports.

The problem isn’t workers leaving. The problem is what’s happening to the youngsters who are replacing them.

The power utility's recent curious dealings with a prominent local conglomerate suggest that something is afoot.

Relieved of the need to keep its currency afloat, the central bank could focus on addressing the country’s worsening foreign debt crisis.

The current economic crisis has hollowed out the capacity of an already weak state apparatus.

Given their connection to structural features of communist rule, there will be no quick respite from the economic woes.

The ruling Lao People's Revolutionary Party has grossly mishandled the economy, but there is no political alternative – at least for now.