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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...

Global Plastic Treaty: A Chance to Turn the Tide?

Plastic has revolutionized our lives, offering convenience and durability. However, its ever-growing presence is choking our environment and threatening public health. The United Nations Environment...

Huge Fire at Chemical Storage Tank in Thailand Kills One and Injures 4

BANGKOK (AP) — At least one person was killed and four others were injured after a huge fire broke out at a chemical storage...

Japan Boosts Road Repair Efforts in Laos with New Equipment Handover

Laos, like many developing nations, faces challenges in maintaining its road networks, which are crucial for transportation and connectivity. Recognizing the importance of well-maintained...

Laos Launches Forest Carbon Credit Initiative to Combat Climate Change

In a move to combat climate change, the Lao government, in partnership with AIDC Green Forest, is launching a forest carbon credit initiative (REDD+)...

Water Supply Factory in Luang Prabang Announces 35-Day Closure, Sparking Residents’ Outcry

As per the initial announcement by the Water Supply State Enterprise Luang Prabang, the Namkhan water factory in Phanom village will undergo a temporary...

Heatwave Strains Power Supply Across Laos: Electricity State Company Responds to Public Backlash

Electricite Du Laos (EDL) has responded to the growing criticism for their delayed actions in addressing the frequent power outages due to high electricity...