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...

First Holiday Inn to Enter Laos 2019

With construction slated to be completed by 2019, the first Holiday Inn will be opening up its doors in Laos for the very first...

Entertainment Venues Ordered to Stay 500-Meters Clear of Schools

Entertainment venues will soon be prohibited from conducting business within 500 meters of schools and educational institutions. With the National University of Laos (NUoL)...

Daiso Japan Enters Lao Market

Everyone’s favorite budget-friendly chain has just made landfall in Laos, opening its doors for the very first time to the Lao public at the...

Laos Prints Largest and Longest Sovereign Bond Issue

Laos has successfully completed its largest and lengthiest bond issue, with a 14 billion baht ($419 million) six-tranche offering in the Thai debt capital...

Legal Action Against SP Financing Company Underway

Authorities have advised those who have previously purchased  vehicles from the  SP Sipathoumphone company to officially  declare their losses and file a case against...

Tax Collectors to Audit 200 Businesses to Boost Revenue

In an attempt to collect additional taxes before the end of the year, the Deputy Minister of Finance has announced that finance authorities are...