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Monday, March 10, 2025
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Business

Low Wages, High Costs: Lao Workers Struggle as Economic Pressures Mount

State government worker Noy, who also works as a part-time taxi driver, struggles to make ends meet on Laos' minimum wage.  With a monthly salary of LAK 2,500,000 (approximately USD 117), he finds himself facing constant financial pressure.  A trip to the grocery store often costs him around LAK 1,500,000 (approximately...

Lao Brewery Company Steps Up Sustainability with Biomass Energy

Lao Brewery Company (LBC) is advancing its sustainability efforts with new green energy initiatives,...

Laos, Canada Strengthen Partnership Toward Canada-ASEAN Free Trade Agreement

On 18 February, the Embassy of Canada to Laos hosted a workshop in Vientiane...

Lao Responsible Business Awards 2025 Honor Sustainability, Community Engagement

On 10 February, the Lao Responsible Business Awards 2025 celebrated businesses in Laos, demonstrating...

Traditionally-crafted Bamboo Brooms Earn National Recognition

Broom-making is more than just a craft in Bokeo’s Kang village, it’s a long...

Nayoby Bank to Increase Loan Amounts, Expand Branches

Nayoby bank will increase the maximum loan amount it releases to a customer from the current 30 million kip to 50 million kip next...

BCEL-KT: Trade Summary (Dec 7, 2016)

Trade Summary On Wednesday, Lao Securities Exchange, the index stayed unchanged at 1,028.48 points, posting a small trading volume of just 1,100 shares, making around...

Trade Surplus Predicted for 2016

Phousy Construction and Development Public Company (PCD) will continue its public share offering roadshow in Hong Kong and Singapore next week in an effort...

Central Bank Permits Importers to Borrow in Foreign Currency

The Bank of the Lao PDR has permitted commercial banks to release loans in foreign currency to importers, including those who currently have no...

BCEL-KT: Trade Summary (Dec 5, 2016)

Trade Summary Lao stock exchange resumed trading after a long weekend with no change in the index. But the trading volume failed to match the...

Intercontinental Set for 2021 Laos Debut

Intercontinental Hotels Group (IHG) is set to open its first Intercontinental-brand property in Laos in 2021, as part of the new mixed-use World Trade...