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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...

Activist Group Urges Peace Over Division in Thai-Cambodian Border Statement

Amid escalating tensions between Thailand and Cambodia over disputed border areas, regional activist group ACT4DEM (Action for People’s Democracy) has issued a statement urging...

Laos Transfers Media Oversight to Party Committee

As part of the Lao government’s push to streamline administration, the Ministry of Information, Culture and Tourism has been restructured, with its media sector...

Cambodian Govt Musters Support From Huge Crowds in Thai Border Row

AFP - On 18 June, tens of thousands of Cambodians took to the streets of Phnom Penh for an official rally to support the...

World Crocodile Day: Ancient Reptiles Edge Back from Extinction in Laos

The Siamese crocodile, once declared extinct in the wild, has quietly held on in the hidden wetlands of Southeast Asia.  Today, roughly 1,000 of these...

Corruption in Lao Banking Sector Causes LAK 1.6 Billion in Losses in 2024, Bank of Laos Says

Widespread corruption in Laos’ banking sector led to nearly LAK 1.6 billion (around USD 74,000) in financial losses in 2024, according to the Bank...

Lao Government Launches Legal Pathway for Jobs in Korea’s Fishery Sector

Laos is set to deploy workers to South Korea’s fisheries sector for the first time under the E-10-2 visa program, a move aimed at...