Business

Laos, Vietnam Restart USD 492M Potash Project in Khammouane

A USD 492 million potash mining and processing project in Khammouane is moving forward again after nearly a decade of delays, with production targeted for 2028. On 12 October, Vietnam National Chemical Group (Vinachem) held a ceremony in Nongbok District to mark the project’s restart. The planned processing plant is...

Laos Shifts Tourism Licensing Powers to Provincial, District Authorities

Laos is revising how tourism business licences are issued and enforced, dividing responsibilities among...

Laos to Reopen Applications for Non-Bank Financial Institutions by End of 2026

The Lao central bank plans to resume accepting applications to establish new non-bank financial...

Khammouane Targets UNESCO Geopark Status to Boost Tourism

Khammouane is preparing a UNESCO bid for the Hinboun Geopark, hoping the international designation...

African Swine Fever Disrupts Pork Supplies, Beef Prices Rise in Vientiane

The pork shortage is putting pressure on Vientiane’s meat markets as African swine fever...

Lao Derm Group Opens Souphattra Serviced Apartments Vientiane

Lao Derm Group is pleased to announce the opening of the Souphattra Serviced Apartments Vientiane. This is the third property to be launched under...

RHB Bank Lao Appoints New CEO

RHB Banking Group has appointed Frankie Choong Seang Heng as new chief executive officer of RHB Bank Lao. Frankie has more than 30 years’ experience...

LOCA adding “Ride First, Pay later” to LOCA for Business Accounts

It has been three years since LOCA was first introduced in Laos. LOCA now has more than 400 drivers with the service available 24hrs....

Lanexang Assurance Launches Exclusive ASIA CARE PLUS Health Insurance Product

Asia Care Plus Laos is the most high-end healthcare insurance in the Laos market, with maximum coverage of  USD 1,600,000. For the first time...

Starbucks Officially Announces Entry into Laos

Starbucks has announced that it plans to open outlets in Laos as it expands its network of over 10,000 stores in Asian countries. The Seattle-based...

EDL, Geely and Krittaphong Group Sign Electric Vehicle Deal

Electricite du Laos and GEELY Technology Company in collaboration with Krittaphong Group have signed an agreement on cooperation for the development of the electric...