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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, South Korea Launch Medical University Project in Vientiane

Laos is establishing the first infrastructure for the University of Health Sciences (UHS) in Vientiane Capital, aiming to advance the medical sector through human...

Laos Clarifies LAK 3,000 Telecom Fee After Viral Video Sparks Public Doubt

A government official has clarified the purpose of the LAK 3,000 (USD 0.14) monthly telecom "security fee" following public backlash sparked by a viral...

Lao Telecom Partners with JAS to Launch Premier League Package for 500,000 Lao Fans

Football fans in Laos now have a new reason to celebrate. Jasmine International Public Company Limited (JAS), the exclusive rights holder for the English...

Oil Prices Spike After United States Strikes on Iran Nuclear Sites

AFP - Oil prices surged in early trade Monday on concerns of disruption to energy markets after US air strikes on Iran’s nuclear facilities. Asian...

Cambodia Orders Halt to Fuel Imports From Thailand

AFP - Cambodian Prime Minister Hun Manet said on 22 June that the country would halt all fuel imports from its neighbor, Thailand, as...

Toxic Thailand Rivers Pinned on Myanmar Mines

By Chayanit Itthipongmaetee and Sally Jensen/AFP - A sprawling new mine is gouged into the lush rolling hills of northeast Myanmar, where civil war...