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Monday, November 18, 2024
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Business

Lao Government Encourages Diaspora to Reconnect, Invest in Homeland

On 12 November, the Lao government hosted a meeting in Vientiane aimed at encouraging Lao nationals and those of Lao descent living abroad to reconnect with their homeland and explore investment opportunities that can contribute to the country's socio-economic development. The event, held under the theme "Love Your Home Country"...

Laos to Enforce Ban on Unregistered, Unlabeled Food Products in 2025

The Lao Ministry of Industry and Commerce has announced new regulations, requiring all food...

Xieng Khouang to Celebrate Khao Kai Noi Festival, Showcasing Laos’ Premium Rice

Xieng Khouang Province is set to host the Khao Kai Noi Festival from 25...

That Luang Festival to Feature Over 1,600 Booths Showcasing Lao Crafts, Culture

The 2024 That Luang Festival, running from November 11 to 15, is set to...

Laos, Singapore Partner to Launch Singapore International Institute for Enhanced Vocational Training

Laos has recently advanced vocational training and education by partnering with Singapore to create...

Japanese Electronic Vehicle Cable Manufacturer Bando Opens Factory in Laos

Japanese cable manufacturer Bando Densen has opened a factory in Laos, joining a group of competitors that are stepping up their presence in Southeast...

Illegal Currency Exchange Services Causing Price Hikes

A senior Lao government official has warned that unregistered currency exchange services that violate currency regulations must be punished. A number of foreign currency exchange...

Laos to Develop Localized Office Software with Korean Support

South Korean software developer Hancom has announced that it will support Laos to develop localized office software. Currently, Microsoft’s MS Word and MS Office, as...

Indonesia’s Largest Bank Mandiri Eyes Lao Market

Indonesia’s state-owned Mandiri Bank has announced its intention to enter Laos and Cambodia. Rohan Nafas, Mandiri Bank corporate secretary, said the bank is now studying...

Alipay Payment Platform Set to Enter Laos

Chinese mobile payment platform Alipay is set to make a foray into Laos after Lao Development Bank (LDB) entered into an agreement with KIWI...

BCEL, UnionPay to Launch QR Code Payment Service in Laos

Banque pour le Commerce Exterieur Lao Public (BCEL) has joined hands with Chinese payment service provider UnionPay International (UPI) to roll out new QR...