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...

Farewell M Point Mart? Sabaidee Mini Big C! Lao Capital’s Leading Convenience Store Chain Rebranding Begins

Laos’ capital’s convenience store chain M Point Mart is set for an overhaul as Vientiane's Phontan store staff confirm joint venture set see the city's...

Inflight Magazine Offers Special Advertising Discount for Lao Products

Champa Meuanglao, the official inflight magazine of Lao Airlines, is offering a special promotion to Lao businesses that create and sell their own products....

Dreams Woven in Silk: The Sakoun Lao Story

Lost in the glittery world of her mother’s old magazines, Malathip Phenglamphan took a keen interest in embroidery and design from an early age....

Thailand May Reinstate Land Border Entry for Expats in Neighboring Countries

Could the cross-border retail and recreation-related dreams of foreign expatriates, non-diplomats and other non-Lao-non-ASEAN-passport-holding residents in Laos be about to come true across the Mekong in Thailand...

The View from the Top: The New President of Lao Airlines

Distinguished aviation veteran Mr Bounma Chanthavongsa has been officially appointed as the new president of Lao Airlines. Champa Meuanglao caught up with him at...

Getting to know Parkson

  What is Parkson? Parkson Retail Group Ltd, is a subsidiary of Lion Group Malaysia, which became a publicly listed company on the Hong Kong...