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Friday, September 20, 2024
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Business

Indonesian President-Elect Visits Laos, Forges Stronger Bilateral, Regional Ties

Indonesian President-elect Prabowo Subianto visited Laos on 6 September and met with President Thongloun Sisoulith. The visit aimed to strengthen bilateral ties between Indonesia and Laos and foster cooperation within the ASEAN framework. The meeting was one stop in Prabowo Subianto's week-long visit to Brunei Darussalam, Laos, Cambodia, and Malaysia. Prabowo,...

Laos, South Korea Collaborate on Direct Flight Initiative to Boost Tourism, Economic Ties

Laos is considering the introduction of direct flights from South Korea to Luang Prabang...

Monsoon Wind Power Project in Laos to Start Ahead of Schedule

The 600 MW Monsoon wind power project in Laos is set to start trial...

Employers Advised to Adopt Fair Exchange Rates for Salaries, Wages Starting 1 October

UPDATED on 4 September at 2:01 PM Starting 1 October, all organizations and companies in...

Cambodia to Sign Double Taxation Agreements with Laos, Philippines

Cambodia is set to sign double taxation agreements (DTAs) with Laos and the Philippines,...

Australia Supports Lao Business Reform

Australia's Minister for Trade, Tourism and Investment, Mr Steven Ciobo has announced an additional AUD$4.1 million (almost 25 billion kip) of Australian assistance to...

Lao-Thai Joint Venture Given Insurance Licence In Laos

ST-MUANG THAI Insurance Company (ST-MTI), a joint venture between Muang Thai Group and ST Group Co, has acquired its official licence to operate in...

Lao Trade Official Rejects IMF View That Currency Is Too Strong

Laos' currency is not overvalued, a trade ministry official said on Saturday, rejecting an IMF assessment that the kip was too strong for a...

Malaysian Companies Appeal For More Government Representation In Laos

Malaysian companies operating in Laos have appealed to the government to have a stronger representation in Vientiane to assist in the dealings with the...

Laos Extends Deadline On Macau Legend Deal For Troubled Savan Vegas Casino

The deadline for casino services firm Macau Legend Development’s $42-million deal to operate the disputed Savan Vegas Hotel and Entertainment Complex. In a filing, the...

Boten – Preparing For Another Boom

Boten, once a remote village on the China-Laos border, has gone from boom to bust within a few short years and is now preparing...