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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...

Laos Records Four New Deaths from Covid-19

Laos has recorded four new deaths today among 309 new cases of Covid-19 across the country. The National Taskforce for Covid-19 Prevention and Control reported...

Laos-China Railway to Open for Freight Transport Before Allowing Passengers

The Laos-China Railway will open in December as scheduled but will be used primarily for freight transport, according to an announcement by the Prime...

Powering Up The Lao Digital Economy Through MOU

A Memorandum of Understanding between the Ministry of Technology and Communications (MTC) and Lao ICT Commerce Association (LICA) was signed on 29th September 2021....

Deputy Mayor Discusses Removal of Police Checkpoints across Vientiane Capital

The Deputy Mayor of Vientiane Capital has conceded that police checkpoints in the city were removed recently to prevent economic collapse. Despite an increase in...

Laos Confirms Two New Deaths from Covid-19

Laos has recorded 425 new cases of Covid-19 across the country today, with two new deaths confirmed. The National Taskforce for Covid-19 Prevention and Control...

New Land Rover Defender V8 Bond Edition Inspired by No Time to Die

Land Rover SV Bespoke has created a new Land Rover Defender V8 Bond Edition to celebrate the 25th James Bond film, No Time To Die,...