Business

Chinese Commerce Chamber Urges Businesses in Laos to Cut Ties with Scam Networks

The General Chinese Chamber of Commerce in Laos has told its members to check their businesses, properties and services to make sure they do not help online scam networks operate. The chamber issued a notice warning companies that scam operations have harmed victims and damaged the reputation of Chinese businesses...

Laos Inflation Edges Up in July, Electricity Prices Surge 91.5% Year-on-Year

Electricity prices jumped 91.5 percent in July compared to the same month last year,...

Online Sellers Face Renewed Enforcement of Business Registration Rules

Online sellers in Vientiane must register as businesses and obtain an e-commerce licence or...

Former MRC Chief Anoulak Kittikhoun Named First Lao Head of Mekong Institute

Former Mekong River Commission (MRC) Chief Executive Officer Anoulak Kittikhoun has been appointed Executive...

Trade, Energy, Tourism Drive Laos-Vietnam Economic Ties Past USD 1.3 Billion

Trade between Laos and Vietnam reached USD 1.305 billion during the first six months...

Lao Asean Leasing (LALCO) Listed on Lao Securities Exchange

The Lao Securities Exchange (LSX) has launched the trading of the shares of Lao Asean Leasing Public Company (LALCO), marking the 11th company registered...

Laos Falls to 113rd Place in Global Competitiveness Ranking

Laos has slipped down to a ranking of 113rd out of 141 surveyed countries in the annual Global Competitiveness Report 2019, while several neighboring...

Laos’s Major Telecom Operators Gear Up for 5G Network

Laos is gearing up to roll out a 5G network, with the country’s two leading telecom operators, Lao Telecom and Unitel, testing or planning...

BCEL, EV Laos to Launch Payment System for Electric Vehicle Charging

Banque pour le Commerce Exterieur Lao Public (BCEL) and EV Lao Company have teamed up to launch a smart card system for the payment...

Laos’s KiwiPay to Launch Cashless Visa Payment Service in Africa

KiwiPay, a Laos-based payment solution provider, is set to launch its cashless visa payment system in up to seven African countries, in a move...

Quality Comes First at the Meuang Nong Banana Plantation

In Meuang Nong, banana plants sprawl as far as the eye can see, leafy and vibrant green, until they meet with the wild shrubbery...