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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...
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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...
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Khammouane Targets UNESCO Geopark Status to Boost Tourism

Khammouane is preparing a UNESCO bid for the Hinboun Geopark, hoping the international designation...
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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...
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Major Real Estate Expo in Vientiane Postponed amid Coronavirus Concerns

Digital Classifieds Lao, organizer of the Banlao.la Homes, Loans and Lifestyle Expo 2020, officially announced the postponement of the event until the end of...

Laos to Introduce New Income Tax Rates for Businesses and Employees

Laos will implement new income tax rates for businesses and employees on February 17, in a move to improve tax compliance as well as...

Malaysia’s Kumpulan Powernet To Build Hydropower Plant in Nam Samoy

Malaysia's Kumpulan Powernet Bhd has secured an MYR 66 million (USD15.9 million) contract from Zhenghong Building Road & Bridge Construction to build a hydropower...

Papua New Guinea’s Bank South Pacific to Enter Laos This Year

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...

Laos Mining Sector Sees Decline Despite Rich Resources

The mining sector in Laos has seen a sharp decline after legislators ordered the suspension of new mining operations in 2016. The mining sector has...

South Korean Firm Scores Construction Project in Savannakhet

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...
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