Business

Laos, Vietnam Restart USD 492M Potash Project in Khammouane

A USD 492 million potash mining and processing project in Khammouane is moving forward again after nearly a decade of delays, with production targeted for 2028. On 12 October, Vietnam National Chemical Group (Vinachem) held a ceremony in Nongbok District to mark the project’s restart. The planned processing plant is...

Laos Shifts Tourism Licensing Powers to Provincial, District Authorities

Laos is revising how tourism business licences are issued and enforced, dividing responsibilities among...

Laos to Reopen Applications for Non-Bank Financial Institutions by End of 2026

The Lao central bank plans to resume accepting applications to establish new non-bank financial...

Khammouane Targets UNESCO Geopark Status to Boost Tourism

Khammouane is preparing a UNESCO bid for the Hinboun Geopark, hoping the international designation...

African Swine Fever Disrupts Pork Supplies, Beef Prices Rise in Vientiane

The pork shortage is putting pressure on Vientiane’s meat markets as African swine fever...

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...

Top Thai Brands 2018 Event Launches in Laos

The Top Thai Brands 2018 Exhibition event has kicked off with a bang yesterday at ITECC in Vientiane Capital. Attending the event was Vice Minister...