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Tuesday, November 4, 2025
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Business

Laos Sets New Economic Direction Under 2026–2030 Development Strategy

Laos is setting an ambitious new course for national growth as the Ministry of Industry and Commerce and the Ministry of Finance have rolled out their five-year development plans for 2026–2030, outlining strategies to accelerate industrialization, strengthen financial stability, and build a self-reliant economy. At the sixth Party Committee Congress...

Sokxay Group, Toyota Tsusho Boost Partnership for Laos Growth

On 23 October, Sokxay Group Co., Ltd. expanded its business collaboration with Toyota Tsusho...

Inflation in Laos Eases to 4 Percent in October

The cost of living in Laos continues to rise, with new data from the...

Bank of Laos Targets Stronger Oversight, Digital Banking, Regional Connectivity in New Five-Year Strategy

The Bank of Laos (BOL) has unveiled a new five-year plan (2026–2030) aimed at...

Lao Green Business Forum 2025 sets vision for Laos as ASEAN’s future Green Business Hub

The Lao Green Business Forum 2025 marked a pivotal step in Laos’s journey toward...

Toong: a Hub for Progressive Entrepreneurs in Vientiane

For daring businesses and audacious go-getters based in Vientiane, it is always a headache to look for a flexible and innovative workspace, given the...

Construction of New, Mega Cultural Park in Vientiane Commences

Construction of Lanxang Cultural Park kicked off on August 9 with a ground-breaking ceremony for the project. It is expected to take about nine years...

Could Edible Insects be The Next Big Industry for Laos?

Edible insects first sparked international attention in 2013 when the Food and Agriculture Organization (FAO) published a report referring to them as one way...

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...