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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 Hopes to Develop Own Digital Currency

Laos hopes to issue its own digital currency in the near future as part of cooperation with a Japanese financial technology startup. Nikkei Asia reports...

Laos May Authorize Self-Isolation and At-Home Treatment for Covid-19

Laos announced today it has plans to authorize self-isolation and at-home care for those infected with Covid-19, or people who have had close contact...

Laos Records 307 New Cases of Covid-19 as Numbers Decrease Slightly

Laos has recorded 307 new cases of Covid-19 today as numbers decrease slightly. The National Taskforce for Covid-19 Prevention and Control reported that 4,591 tests were...

Cambodian Conglomerate Prince Holdings Donates USD 1 Million to Laos to Fight Covid-19

Cambodian conglomerate Prince Holding Group has donated USD 1 million to the Government of Laos to assist in fighting the Covid-19 pandemic. The donation, made...

Laos Exports 50 Tons of Rice to European Union

Laos has exported 50 tons of rice to the European Union market, with Belgium as the first purchase destination. According to a report by Socio-Economic...

Deputy Mayor Clarifies Covid-19 Restriction Measures in Vientiane Capital

Deputy Mayor of Vientiane Captial, Phouvong Vongkhamsao, has clarified Covid-19 restriction measures in place in the nation's capital from 1 to 15 October. He spoke...