Laos has tightened controls on foreign borrowing as the government seeks to limit debt risks and reduce pressure on foreign-currency reserves and the Lao kip.
Under a new Bank of Laos decision issued in August, individuals and companies must obtain central bank approval before taking certain loans, guarantees, trade credits...
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...
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 has promulgated a new prime ministerial decree clarifying the import and export of vehicles, dealerships, and assembly plants as different types of business.
According...
