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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...

Vietjet to Boost Aviation Infrastructure in Laos

Vietnamese airline Vietjet has signed an agreement to support Laos in advancing its aviation infrastructure.  The partnership, announced on 10 January, was overseen by Lao...

Electricity Exports Lead Laos’ Trade Revenue in 2024

In 2024, electricity exports continued to lead Laos’ export revenues, generating nearly USD 980 million and accounting for 15.35 percent of total exports, according...

Lao Authorities Dismantle Nine Illegal Call Centers in the Golden Triangle SEZ

The Lao authorities have reported the successful dismantling of nine illegal call center fraud operations within Bokeo’s Golden Triangle Special Economic Zone (SEZ) in...

Laos Steps Up Fight Against Wildlife Trafficking Amid Rising Demand

Authorities in Laos continue to intensify efforts against wildlife poaching and trafficking, with recent operations leading to the arrest of a suspect in Khammouane...

Laos, Vietnam Launch Cross-Border QR Code Payment System

On 9 January, Laos and Vietnam officially launched a cross-currency transaction service, connecting their cross-border retail payment systems via QR codes. This initiative, a collaboration...

Farmers, Workers, Business Professionals See Highest HIV Infection Rates in Laos

The Lao Ministry of Health reported 1,896 new HIV cases identified between January and November 2024.  On 29 November, ahead of World AIDS Day, Deputy...