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Friday, May 2, 2025
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Business

Laos Pauses Importer-Exporter System for Necessary Upgrades

The Ministry of Industry and Commerce has announced the temporary closure and upgrade of the Importer-Exporter Registration and Management System for goods and services. As part of this update, the registration of new importers and exporters will be suspended starting 22 April. The system is expected to resume normal operations...

Laos, Vietnam Inaugurated Wharf No.3 to Boost Trade

On 28 April, Wharf No. 3 at the Lao-Viet International Port was officially inaugurated...

East Asia Pacific Growth Slows in 2025, World Bank Says

East Asia and Pacific has led in economic growth, but to sustain momentum and...

Foodpanda to Cease Operations in Thailand, Parent Company Announces

Foodpanda will cease its operations in the country on 23 May, its German parent...

Lao Deputy Calls for Climate, Trade Cooperation

Laos’ Deputy Minister of Foreign Affairs Maithong Thammavongsa reaffirmed Laos’ commitment to strengthening regional...

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...

Laos to Tighten Regulations on Gas Stations

Laos will tighten regulations on the location of fuel depots and gas stations in residential areas to ensure the safety of residents. According to a...

Laos Sees Drop in Foreign Direct Investment Inflow

Foreign direct investment (FDI) inflow to Laos decreased in 2018 amid a drop in new investment from China, a recent report has shown. FDI inflow...

WhatsApp the Most Popular Mobile App in Laos

WhatsApp is the most popular mobile application in Laos, according to a report by the Korea Trade-Investment Promotion Agency (Kotra). “WhatsApp is the most popular...