Business

Laos Tightens Foreign Borrowing Rules as Debt Risks Persist

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...

Laos Cuts 7-Day Base Interest Rate to 7% as Economic Risks Persist

The Bank of Laos (BOL) has cut its seven-day base interest rate from 8...

Laos Studies USD 1 Billion Vientiane-Lidu Industrial Park in Pakngum

On 13 August, Laos agreed to study the development of a new industrial park...

Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...

Lao Authorities, Lao Bank Seek Legal Action Against Thai Media Over Money Laundering Claims

On 31 July, Lao authorities and Lao Development Bank (LDB) met with Thailand's Central...

Starting A New Business In Laos? Regulated Sector List Worth Perusing

Engaging on a new business venture is serious and potentially stressful business at the best of times, but a new list with information on regulated...

Modern Lao Homes: Paving the Way for A Higher Standard of Home Building in Laos

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...

Magic Lao Carpet

Carpets with a positive impact woven right in In a bustling workshop in the backstreets of inner city Vientiane, agile fingers are hard at work...

Grounds for Success

Strong brews and soft beds are a hit with locals and travelers alike. Stepping into Sailomyen Café and Hostel is to enter into a living,...

Laos’ First Real Estate Expo Expecting To Draw 40+ Firms To 2-Day Fiesta

The first real estate investment expo in Laos is set to open eyes, hearts, dreams, and pocketbooks at Don Chan Palace Hotel on Friday &...

Vientiane’s Mercure Hotel To Shut Doors As March 1 Closure Announced

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...