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Friday, January 10, 2025
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Business

Xayaboury Produces 1.56 Million Tons of Cassava in 2024, Boosts Exports to Thailand

In 2024, farmers in four southern districts of Xayaboury Province cultivated nearly 54,000 hectares of cassava, producing approximately 1.56 million tons. With Thailand as a major buyer of dried cassava, the crop continues to play a crucial role in the province’s economy. On 4 January, the Vice Governor of Kanthao...

Laos, China Launch QR Payment System for Cashless Tourism

Traveling between Laos and China is now easier with a QR payment system that...

Seno Grilled Chicken Earns Official Recognition as Savannakhet’s New Symbol

On 12 December, Seno Grilled Chicken was officially recognized by Savannakhet authorities, becoming a...

K-pop Star Hoshi Donates USD 70,000 to Upgrade Lao Orphanage School

Kwon Soon Young, known as Hoshi, a member of the popular K-pop group Seventeen...

Japan Step Up to Provide Emergency to Provide Emergency Food Stocks For Targeted Relief Efforts

The Embassy of Japan signed an agreement on critical support to Lao’s disaster relief...

Debt-ridden Vietnamese Property Group to Sell Rubber Plantations in Laos

Hoang Anh Gia Lai is desperate to find a way to settle its $1.44 billion debt. Vietnamese real estate conglomerate Hoang Anh Gia Lai is...

Foreign Investors Inject More Interest into Private Hospitals

More foreign investors are interested in opening private hospitals in the country in response to growing patient demand for high quality health services. Foreign investors...

Indian Investors Affected By Laos Ban On Timber Exports

Laos has banned export of timber and wood products to protect its environment, which has put many foreign investors in a fix, including Indians. "In...

EDL-Gen Raises $312m in Dollar Bonds in Thailand

EDL-Generation, the leading electricity producer in Laos, has successfully priced its debut US$312 million (approximately Bt10.8 billion) offering of dollar-denominated bonds in Thailand. The bonds...

Can Laos Create a Startup Economy?

Last week, the usually sleepy capital of Vientiane was awoken amidst the commotion and hustle bustle of the 29th ASEAN Summit. Within four days, the...

Korea Western Power to Build Hydroelectric Power Plant in Laos

South Korea’s public power supplier Korea Western Power Co. announced on Sunday that it signed a memorandum of understanding (MoU) to jointly develop a...