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...

Laos Receives Four Mi-17 Helicopters

Russian Helicopters, part of the Rostec State Corporation, has completed its first service contract to the Lao Ministry of Defence, transferring four repaired Mi-17...

Facebook to Exclusively Broadcast Premier League Matches in Laos

Tech giant Facebook has agreed to a £200 million (US$265 million) deal to exclusively broadcast every single Premier League match in Thailand, Vietnam, Cambodia and Laos starting next year in 2019. It...

South Korea Eyes Strawberry Farm Project In Xiengkuang

On the 3rd of July, President of the South Korean Association of Arts and Culture Dr Yu Hian Suk and her delegation met with Acting Party Head...

Laos Will Issue Bonds in KIP

The Lao government has announced that it will issue domestic bonds in LAK (kip) - instead of foreign currencies - with a two-pronged objective aimed at...

ACLEDA Bank Lao Launches Mobile App ‘ACLEDA Unity Thanchai’

ACLEDA Bank Lao announced yesterday launched its new “ACLEDA Unity Thanchai” mobile phone banking service. A virtual ‘bank in your hand,’  it provides a convenient and secure...

Ground Broken at First Private Data Center in Laos

A groundbreaking ceremony was held in Hatxaykhao village yesterday as construction began for the LaoDC data center, the first licensed, privately owned data center...