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...
Construction of Lanxang Cultural Park kicked off on August 9 with a ground-breaking ceremony for the project.
It is expected to take about nine years...
Edible insects first sparked international attention in 2013 when the Food and Agriculture Organization (FAO) published a report referring to them as one way...
Japanese cable manufacturer Bando Densen has opened a factory in Laos, joining a group of competitors that are stepping up their presence in Southeast...
A senior Lao government official has warned that unregistered currency exchange services that violate currency regulations must be punished.
A number of foreign currency exchange...
South Korean software developer Hancom has announced that it will support Laos to develop localized office software.
Currently, Microsoft’s MS Word and MS Office, as...
Indonesia’s state-owned Mandiri Bank has announced its intention to enter Laos and Cambodia.
Rohan Nafas, Mandiri Bank corporate secretary, said the bank is now studying...
