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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 Urged to Improve Enforcement on New Tobacco Packaging Rules

The ASEAN Tobacco Control Association (SEATCA) has called on tobacco companies in Laos to follow new rules requiring graphic health warnings on cigarette packaging,...

Bamboo Concession Project to Boost Local Economy in Oudomxay Province.

On 20 December, Oudomxay Province signed a concession agreement with Ammata Lao Lanexang Co., Ltd., a private company, granting them the rights to utilize...

Vientiane Faces Higher School Dropout Rates in 2023-2024

Dropout rates in Vientiane Capital increased by approximately 13.3 percent during the 2023-2024 school year, government officials said. On 17 December, during a National Assembly...

Korea Funds Bridge, Road Safety Upgrades on National Road in Laos

On 19 December, the Korea International Cooperation Agency (KOICA) announced a grant of USD 13 million to upgrade six bridges and improve road safety...

Vientiane Surpasses Poverty Reduction Target, 99.43% Progress Achieved

Almost the entirety of Vientiane’s population is now above the poverty line, according to Sengaloun Souliyavong, the Head of Vientiane's Department of Agriculture and...

State Budget Mismanagement Uncovered in Vientiane Capital

Laos is facing issues in managing its state budget, with billions of kip unaccounted for, according to the Vientiane Capital People's Assembly on 19...