Business

Lao Migrant Workers Send Home USD 500 Million in First Seven Months of 2026

Lao migrant workers sent an estimated USD 500.7 million back to Laos during the first seven months of 2026, according to the Ministry of Labor and Social Welfare.  The ministry shared the figures during a labor migration meeting in Vientiane on 22 September. Employment Department Director General Anousone Khamsingsavath said...

Laos, China Launch Digital Payment Link For Cross-Border Transactions

Laos and China have launched a new digital payment link that allows Chinese visitors...

Laos Takes Chair of ASEAN Women Entrepreneurs Network

Laos has taken over the chairmanship of the ASEAN Women Entrepreneurs Network for the...

Lao, Chinese Energy Firms to Study Battery Storage System for Laos Power Grid

On 11 September, Électricité du Laos (EDL) and Chinese energy company Shenzhen Yichu Smart...

Vietnam-Backed Bauxite Project in Laos Moves Toward 2028 Production

A major bauxite project in southern Laos is moving closer to production, with Lao...

BCEL Partners with Thanachart Bank for QR Code Banking in Thailand

Banque Pour Le Commerce Exterieur Lao Public (BCEL) has entered into a strategic partnership with Thanachart Bank of Thailand to bring QR Code payment...

TKI Insurance Causes a Stir in the Lao Insurance Market

Two newly formed insurance companies based in Vientiane, TKI Life Insurance and TKI General Insurance, are expecting to conquer the life and general insurance markets in Laos with packaged...

How to Tell the Difference Between Real and Fake Lao Bank Notes

The central bank of Laos (Bank of Laos) has issued public leaflets detailing how to tell if the banknotes we are using are fake. Fortunately, authentic...

Made In Laos Exhibition 2018 Showcases the Best of Laos

The Made in Laos Exhibition 2018 provides an opportunity for businesses in Laos to promote their products and services to both local and foreign exhibition goers. Organized by the Lao National...

IMF Executive Board: Lao Economy Continues to Perform Well

The Executive Board of the International Monetary Fund (IMF) recently gave a favorable analysis of the Lao economy: Lao P.D.R.’s economy continues to perform well, supported by a...

Laos Banana Exports No Longer Pick of the Bunch

China has slapped inspection measures upon banana exports from Laos, hindering what was a booming trade. While Laos is still the second largest exporter of...