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Laos’s Credit Rating Upgraded After Bond Sale, Hong Kong Tax Pact

Laos has received a credit rating upgrade after issuing a USD 500 million international bond and signing a tax agreement with Hong Kong aimed at reducing costs for cross-border investors. On 29 October, S&P Global Ratings upgraded Laos’s long-term credit rating from CCC+ to B-, with a stable outlook, indicating...

Laos Eyes 500MW Renewable Electricity Export to Singapore

Laos is eyeing a major expansion of its clean energy exports following a proposed...

Authorities Seize 77kg of Raw Gold in Crackdown Across Eight Provinces

The State Inspection Authority has seized 77 kilograms of raw gold ore across eight...

Laos Revokes Import Licences of Six Vehicle Companies

The Ministry of Industry and Commerce has revoked the import licences of six vehicle-importing...

Laos Orders Local Trade Offices to Stop Restricting Business Competition

The Ministry of Industry and Commerce has ordered trade offices nationwide to stop imposing...

Laos-Viet Border Crossings Considering Extended Opening Hours

The Ministry of Transport of Vietnam has proposed expanding opening hours at Vietnam-Laos border crossings to boost investment, trade and tourism between the two...

Intercontinental Set for 2021 Laos Debut

Intercontinental Hotels Group (IHG) is set to open its first Intercontinental-brand property in Laos in 2021, as part of the new mixed-use World Trade...

Infant Immunisation against Polio Falling Short of Target in Meun District

Only 70 percent of children under the age of five in 22 target villages in Meun district, Vientiane province, have been immunised against polio...

Entrance Fees Taking Toll on Champassak Tour Operators

The imposition of entrance fees to tourist sites in Champassak province is causing a downturn in visitor numbers, according to local tour operators. As a...

Suspected Drug Dealers Nabbed in Provinces

Police in the provinces of Bokeo and Luang Namtha have made significant arrests involving large quantities of illegal drugs, local media reported. The Bokeo Drug...

Employees Enjoy Better Working Conditions, Rights

More than 400 state enterprises and private factories in Vientiane have signed on to collective bargaining agreements to protect the rights and benefits of...