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...
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...
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 announced yesterday launched its new “ACLEDA Unity Thanchai” mobile phone banking service. A virtual ‘bank in your hand,’ it provides a convenient and secure...
A groundbreaking ceremony was held in Hatxaykhao village yesterday as construction began for the LaoDC data center, the first licensed, privately owned data center...
The Vientiane Department of Public Works and Transport issued a notice temporarily banning the excavation and transportion of soil and sand throughout the capital throughout the rainy...
