Tag

Laos economy

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Inflation Continues Its Steady Upward Rise in Laos

Inflation Continues Its Steady Upward Rise in Laos

By Sebastian Strangio
Rising tourism arrivals could offer some economic relief, though the government faces a number of complex structural challenges.
Inflation in Laos Continues to Rise, Reaches 23-Year High

Inflation in Laos Continues to Rise, Reaches 23-Year High

By Sebastian Strangio
While inflation is projected to fall in 2023, there is no quick fix to the country's economic troubles.

Is Laos’ Prime Minister On His Way Out?

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?

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?

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

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

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

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

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

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

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?

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.

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