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...

ASEAN Business Awards Laos 2020 Open for Applications

Applications are now open for the ASEAN Business Awards Laos 2020, with awards to be presented at a gala event held in Vientiane on...

Star Fintech Signs Deal with BCEL for Mobile Banking Interconnectivity

Star Fintech has signed a Memorandum of Understanding with BCEL on cooperation and interconnectivity between the two mobile banking systems. A signing ceremony was held...

Star Fintech Signs Payment Link Deal with ACLEDA Bank

Star Fintech has signed a Memorandum of Understanding with ACLEDA Bank Lao on cooperation in e-commerce. A signing ceremony was held at the Star Telecom...

Laos Introduces Fast-track Registration for S Korean Patents

Laos and South Korea have agreed to allow South Korean companies to register their patent in Laos without going through a separate review process. The...

Bank of Laos Tightens Regulations on Currency Exchange Business

The Bank of the Lao PDR has drafted a new administrative regulation intended to regulate currency exchange businesses following the depreciation of the Lao...

Heathfield International School Selected for Oxford Curriculum

Heathfield International School last week announced its selection by Oxford Education to join a Pilot School Program commencing this year, which will allow the...