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Thursday, October 16, 2025
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Business

Young Barista Crowned at First International Coffee, Tea Day in Luang Prabang, to Compete in South Korea

From 3 to 5 October, Luang Prabang hosted the International Coffee and Tea Day (ICTD) 2025, the first-ever joint celebration of International Coffee Day and International Tea Day in Laos.  The event also featured over 40 exhibition booths and the Lao Young Barista Championship, where Tavanh Sengdala won first place...

Laos Opens New Fuel Import Route via Vietnam to Boost Northern Energy Supply

On 4 October, the Lao Petroleum Authority (LPA) officially opened a new fuel import...

Historic First U.S.-Lao Business Roundtable Strengthens Trade and Investment Ties

On 29 September, Washington, D.C., hosted the first-ever U.S.-Lao Business Roundtable, bringing Prime Minister...

AirAsia Eyes Vietnam Expansion in Push to Cover All of Southeast Asia

Malaysian budget airline AirAsia is in talks to launch a new domestic airline in...

Australian Business Champion Visits Laos to Boost Agriculture, Mining Cooperation

Australia’s Business Champion for Laos, Charles Olsson, is visiting Laos from 30 September to...

Laos to Introduce New Income Tax Rates for Businesses and Employees

Laos will implement new income tax rates for businesses and employees on February 17, in a move to improve tax compliance as well as...

Malaysia’s Kumpulan Powernet To Build Hydropower Plant in Nam Samoy

Malaysia's Kumpulan Powernet Bhd has secured an MYR 66 million (USD15.9 million) contract from Zhenghong Building Road & Bridge Construction to build a hydropower...

Papua New Guinea’s Bank South Pacific to Enter Laos This Year

Papua New Guinea's Bank South Pacific (BSP) plans to finalize the acquisition of its joint-venture business in Laos worth about USD 2 million. The new...

Laos Mining Sector Sees Decline Despite Rich Resources

The mining sector in Laos has seen a sharp decline after legislators ordered the suspension of new mining operations in 2016. The mining sector has...

South Korean Firm Scores Construction Project in Savannakhet

South Korea's Dongbu Corporation has been awarded a construction project in Savannakhet province worth about USD 25.6 million. The project, ordered by the Lao Ministry...

Laos Launches QR Code Payment Standard

The Bank of Lao PDR has launched a Lao QR Code standard for electronic payments in a move to improve payment services and integration...