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...
Over half of businesses also report an increase in administrative costs associated with management of accounts receivable, mainly on assessing and monitoring customer credit...
