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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...
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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...
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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...
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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...
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ADB: Economic Recovery in Laos Delayed by Covid-19

Economic recovery in Laos slowed amid a second wave of the Covid-19 pandemic that has led to lockdowns and lower consumer spending, according to...

Economic Recovery in East Asia and Pacific Faces Setback

The East Asia and Pacific region’s recovery has been undermined by the spread of the Covid-19 Delta variant, prolonging the distress for firms and...

Laos Records 500 Cases of Covid-19 as Small Cluster Forms in Xaysomboun Province

Laos has recorded more cases of community spread of Covid-19 across several provinces today, with thirteen cases in Xaysomboun Province involving residents who attended...

Laos Purchases New Fleet of Ambulances to Assist in Fight Against Covid-19

The Ministry of Health has handed over fifty new ambulances to hospitals around the country to assist in the transportation of patients as the...

Man Arrested for Theft of Railway Components

A man has been arrested in Vientiane Capital for stealing railway construction components along the Laos-China Railway. According to a report by Lao Youth Radio,...

Taskforce Warns of Fake Covid-19 Rapid Test Kits

The Lao National Taskforce for Covid-19 Prevention and Control has urged residents to be cautious of fake or ineffective Covid-19 rapid test kits. Sales of...
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