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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...

Forging Forward: ASEAN, EU Launch Blue Book 2024-2025

The Association of Southeast Asian Nations (ASEAN) and the European Union (EU) launched the ASEAN-EU Blue Book 2024-2025 at the ASEAN Headquarters in Jakarta...

Laos Embraces Online Shopping via Social Media, Cross-Border Innovation

In Laos, where traditional retail infrastructure lags behind its Southeast Asian neighbors, online shopping has become a trend despite its limited e-commerce presence, largely...

Six Laos Nationals Apprehended for Drug Trafficking Into Vietnam

Vietnamese local authorities arrested six Laos nationals on 6 May for allegedly transporting 120 kg of drugs across the border into central Ha Tinh...

Laos to Enhance Tour Guide Training to Meet Growing Tourism Demands

In response to the surge in tourism, Laos is ramping up efforts to ensure tour guides are well-equipped, as many currently lack adequate training.  Deputy...

TikTok Sues US to Block Law That Could Ban Social Media Platform

TikTok and its Chinese parent company filed a lawsuit on 7 May challenging a new American law that would ban the popular video-sharing app...

Lao Kip Hits Record Lows Against US Dollar, Thai Baht

Laos is facing significant economic challenges as its national currency continues to depreciate against foreign currencies, notably the US dollar and the Thai baht....