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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...

China Identified as Most Influential Economic Power in Southeast Asia, Survey Finds

A recent survey of nearly 2,000 respondents from the 10 ASEAN countries has identified China as the most influential economic power in the region. The...

Pro-cannabis Advocates in Thailand Rally Ahead of the Government’s Plan to Recriminalize the Plant

NONTHABURI, Thailand (AP) — Dozens of pro-cannabis advocates gathered Thursday, 16 May, at the health ministry on the outskirts of the Thai capital, Bangkok,...

New Vaccination Drive Aims to Protect Lao Children from Measles, Rubella

The Lao Ministry of Health is launching a vaccination campaign against rubella and measles, from 20 to 31 May. The project aims to promote...

Inadequate Minimum Wage Deepens Economic Woes in Laos, Fueling Labor Shortages, School Dropouts

Laos is grappling with growing economic and societal challenges as the current minimum wage, deemed inadequate by both workers and business owners, exacerbates labor...

Record Surge in Individuals Crossing Third Thai-Lao Friendship Bridge in Early 2024

In the initial months of 2024, a total of 85,871 people crossed the Third Thai-lao Friendship Bridge, which links Khammouane Province, Laos, and Nakhon...

Man Arrested in Khammouane Province for Illegal Consumption of Endangered Species

Authorities in Khammouane Province arrested Phaiboon Thammavong on 15 May after he posted a collection of photos on his personal Facebook account depicting the...