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Laos’s Credit Rating Upgraded After Bond Sale, Hong Kong Tax Pact

Laos has received a credit rating upgrade after issuing a USD 500 million international bond and signing a tax agreement with Hong Kong aimed at reducing costs for cross-border investors. On 29 October, S&P Global Ratings upgraded Laos’s long-term credit rating from CCC+ to B-, with a stable outlook, indicating...

Laos Eyes 500MW Renewable Electricity Export to Singapore

Laos is eyeing a major expansion of its clean energy exports following a proposed...

Authorities Seize 77kg of Raw Gold in Crackdown Across Eight Provinces

The State Inspection Authority has seized 77 kilograms of raw gold ore across eight...

Laos Revokes Import Licences of Six Vehicle Companies

The Ministry of Industry and Commerce has revoked the import licences of six vehicle-importing...

Laos Orders Local Trade Offices to Stop Restricting Business Competition

The Ministry of Industry and Commerce has ordered trade offices nationwide to stop imposing...

Laos Inflation Hits 25.35 Percent in February

Laos continues to face economic challenges as inflation rates reached 25.35 percent in February, up from 24.44 percent the previous month, according to a...

Laopost Joins Lao Journalists Association as First Private Member

Laopost, a prominent Lao publication, has officially joined the Lao Journalists Association (LJA) as its first private-sector member, marking a major step for the...

Timor-Leste’s President Meets Lao Counterpart in State Visit to Vientiane

President Jose Ramos-Horta of Timor-Leste and his delegation arrived in Vientiane for an official state visit from February 27 to March 2 to strengthen...

Leap Day 2024: The Rare Gift of ‘More Time’

Consider those moments when the thought crosses your mind: "If only there were more time today." Today, however, presents us with precisely that: "more...

Lao, Chinese Authorities Team Up to Bust Online Fraud Dens, Arresting 268 Suspects

Lao and Chinese authorities collaborated to dismantle seven online fraud operations entrenched in Laos, resulting in the arrest of 268 Chinese telecom fraud suspects...

Salavanh Province Initiates New Hydropower Project with Groundbreaking Ceremony

A new hydropower plant project in Salavanh Province, the Xeset-Chan Rapids, commenced with a groundbreaking ceremony on 24 February. With the foundation stone now laid,...