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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...

Cambodia Cuts Thai Internet, Bans Entertainment, Affirms Power Independence

Cambodia has begun rerouting its internet traffic through domestic infrastructure after Prime Minister Hun Manet announced plans to reduce reliance on Thai bandwidth, ban...

Oil surges, stocks fall on Middle East fears as Israel strikes Iran

AFP – Oil prices soared and stocks sank Friday after Israel launched "preemptive" strikes on Iran's nuclear and military sites and warned of more...

EssilorLuxottica Expands in Laos with New High-Capacity Lens Facility

EssilorLuxottica, a global leader in the design, production, and distribution of ophthalmic lenses, optical equipment, and eyewear, including both prescription and sunwear, has strengthened...

WRAP: Air India Plane Crashes After Takeoff from Ahmedabad, One Survivor, Over 204 Dead

Air India Flight AI171, bound for London Gatwick, crashed shortly after takeoff from Ahmedabad on the afternoon of 12 June, killing 241 of the...

Over 204 Deaths, One Survivor Confirmed in Air India Ahmedabad-London Plane Crash

LATEST UPDATE 12 June at 10:46 PM By The Laotian Times and AFP Air India confirms London-bound flight AI171 crashed shortly after take-off from Ahmedabad, with 242...

LOCA Launches Green Bond to Boost EV Use in Laos

LOCA, the Lao-grown ride-hailing and electric mobility startup, has announced the extension of its current fundraising round through the issuance of a USD 2.5...