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Laos to Reopen Applications for Non-Bank Financial Institutions by End of 2026

The Lao central bank plans to resume accepting applications to establish new non-bank financial institutions by the end of 2026, after suspending new applications earlier this year to review and update licensing regulations. Visone Saysongkham, head of the non-bank financial institution supervision department at the Bank of the Lao PDR...

Khammouane Targets UNESCO Geopark Status to Boost Tourism

Khammouane is preparing a UNESCO bid for the Hinboun Geopark, hoping the international designation...

Laos, China Open Joint Military Aviation Center for Lao Air Force Training

Laos and China have opened a joint military support and training center at Ban...

Vientiane’s Smart Road Cleaning, Cooling Pilot Project Nears Completion

Vientiane’s Smart Clean-Cooling Road System pilot project has reached 95 percent completion, and contractors...

Laos Inflation Rises to 7.8 Percent in September as Education, Utility Costs Climb

Laos’ inflation rate rose to 7.8 percent in September, up from 7.7 percent in...

Vientiane Capital Records New Spike in Covid-19 Cases

Vientiane Capital has recorded a large spike in Covid-19 cases today, reaching 439 cases after trending downward over the last few days. The country recorded...

Laos to Purchase New Fleet of Electric Vehicles for Senior Officials

The government of Laos is considering replacing gasoline cars with electric cars for Party and government leaders. According to a report from the Ministry of...

Laos Receives More Funding for Business and Trade to Assist in Covid-19 Recovery

The World Bank and the Government of Laos have agreed to scale up a Competitiveness and Trade Project that will assist businesses in Covid-19...

Three Killed in Fire at Asphalt Plant in Vientiane Capital

Three people were killed during a fire at an asphalt plant in Vientiane Capital on Thursday. According to a report by Vientiane Rescue 1624, three...

New Reports Highlight Impacts of Human and Environmental Incursions in Mekong

Overfishing and habitat degradation caused by rapid population growth, infrastructure development, and climate change are stressing the Lower Mekong Basin’s fisheries while changes in...

Myanmar Excluded from ASEAN Summit

Myanmar's military chief Min Aung Hlaing has expressed disappointment at being excluded from an upcoming foreign ministers summit. According to a statement by the group,...