Category Archives: Business


Thailand’s Major Cineplex Moves into ITECC Shopping Mall

In its bid to become the top regional cinema chain operator, Thailand’s Major Cineplex has reached an agreement with TK Group, the parent company of LSX-listed Lao World Public Company, to operate in the latter’s ITECC Shopping Mall.

Thatnakhone Thammavong, President of TK Group and Lao World Public …

Revitalized Lao Airlines Magazine Celebrates One Year Anniversary

13 July – RDK Group, a Vientiane-based translation and marketing consulting firm, together with Lao Airlines, has recently hosted a one-year anniversary event celebrating a successful year-long print run of the latest iteration of Champa Meuanglao, the latter’s official inflight magazine at Kualao Restaurant.

Present at

Laos Receives Four Mi-17 Helicopters


Russian Helicopters, part of the Rostec State Corporation, has completed its first service contract to the Lao Ministry of Defence, transferring four repaired Mi-17 helicopters at an official handover ceremony on Wednesday.

The ceremony was held at the Vientiane air base and was presided over by Lao Deputy Minister of …

Facebook to Exclusively Broadcast Premier League Matches in Laos

Tech giant Facebook has agreed to a £200 million (US$265 million) deal to exclusively broadcast every single Premier League match in Thailand, Vietnam, Cambodia and Laos starting next year in 2019.

It represents a major breakthrough for the Facebook after they beat out the competition from television networks BeIn Sports and Fox Sports Asia in the …

South Korea Eyes Strawberry Farm Project In Xiengkuang

On the 3rd of July, President of the South Korean Association of Arts and Culture Dr Yu Hian Suk and her delegation met with Acting Party Head of Xiengkuang Province Bounthon Chanthaphone to discuss the possibility of establishing a strawberry farm in Xiengkuang.…

Laos Will Issue Bonds in KIP

The Lao government has announced that it will issue domestic bonds in LAK (kip) – instead of foreign currencies – with a two-pronged objective aimed at avoiding risks linked to the exchange rate and strengthening the domestic capital market.

According to the Ministry of Finance, under this scheme, the payment of interest …

ACLEDA Bank Lao Launches Mobile App ‘ACLEDA Unity Thanchai’

ACLEDA Bank Lao announced yesterday launched its new ACLEDA Unity Thanchai” mobile phone banking service. A virtual ‘bank in your hand,’  it provides a convenient and secure way to manage all daily banking transactions anytime and anywhere. It is available in both Lao and English languages and handles transactions in LAK (Lao Kip), USD (US …

Ground Broken at First Private Data Center in Laos

LaoDC Data Center Groundbreaking Ceremony

A groundbreaking ceremony was held in Hatxaykhao village yesterday as construction began for the LaoDC data center, the first licensed, privately owned data center in Laos.

The LaoDC data center will be one of the largest data centers in Laos, and will be able to host hardware as well as …