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Laos Orders Banks to Block Crypto Purchases on Unlicensed Foreign Platforms

Laos has moved to tighten controls on cryptocurrency purchases through foreign platforms, ordering banks and payment providers to block card transactions linked to exchanges that are not licensed by the central bank. The Bank of the Lao PDR (BOL) issued the notice on 31 July to commercial banks and payment...

Nam Theun 2 Fund Approves LAK 343 Million for Forest Restoration in Khammouane

The Nam Theun 2 Development Fund approved more than LAK 343 million (USD 15,300)...

Khammouane Signs USD 1.2 Million Deal to Develop Khounnamphone Nature Tourism Site

Khammouane has signed a concession agreement worth more than USD 1.2 million to develop...

Vientiane Shuts Down KM38 Dharma Practice Center After Leader Defies Order Over Reborn Buddha Claim

On 24 September, Vientiane authorities shut down the KM38 Dharma Practice Center in Sangsai...

African Swine Fever Disrupts Pork Supplies, Beef Prices Rise in Vientiane

The pork shortage is putting pressure on Vientiane’s meat markets as African swine fever...

Laos Launches New Initiative to Preserve, Enhance Traditional Medicine Production

On 20 January, the Institute of Medicine and Traditional Medicine under the Ministry of Health signed a new agreement with the Chanthabouly District Young...

Laos Mining Sector Attracts Over USD 2.4 Billion in 2024 Investments

Laos' mining industry attracted nearly USD 2.5 billion in investments in 2024, surpassing annual targets and showcasing the sector’s critical role in driving economic...

New Strategy Set to Streamline Trade, Logistics Operations in Laos

On 21 January, the Ministry of Industry and Commerce held a nationwide meeting to approve the draft Trade and Transport Facilitation Strategy 2025-2030. The...

Love Wins in Thailand: Country Celebrates First Day of Equal Marriage

Laotian Times/AFP - On 23 January, Thailand marked a historic milestone as its same-sex marriage law officially came into effect, with the LGBTQ+ community...

Lao Brewery Company Emerges as Laos’ Top Taxpayer in 2024

The Lao Brewery Company Ltd. (LBC) cemented its position as Laos’ largest taxpayer in 2024, contributing over LAK 5.1 trillion (USD 240 million) in...

Laos Assesses Over LAK 6 Trillion in Damages from 2024 Natural Disasters

On 21 January, the National Disaster Management Committee estimated that the cost of damages caused by monsoon flooding and landslides in 2024 exceeded LAK...