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...
Founded by two expatriates, Mr Greg Nolan, an Australian and Mr Benjamin Soo, a Malaysian-Lao, Modern Lao Homes began with the mission to take on the...
Mercure Hotel chain has announced the closure of its Vientiane property from March 1, 2019.
The Mercure is set to continue trading until February 28 shutting its...