Business

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

Laos and China have launched a new digital payment link that allows Chinese visitors to pay Lao businesses using China’s digital yuan, without needing to exchange cash into Lao kip. The system connects China’s digital yuan, known as e-CNY, with Laos’ domestic QR payment network. A Chinese visitor can now...

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...

China-Laos Railway Sees 50 Percent Rise In Cross-Border Passengers

Passenger traffic on the China–Laos Railway has increased significantly this year, boosting tourism and...

Coffee Giant Dao-Heuang Owes 27 Billion kip to Lao Farmers

After falling several months behind in payments for raw beans, one of the largest firms in Laos, Dao-Heuang Group, has racked up  an estimated...

Frustrated Road Users Insist Government Take Over Tolls

Frequent commuters and traders on Road 16 in Champassak province, are voicing their discontentment on the high toll fares collected on the road that...

POS Launch Party at Naked Espresso Khamkhong

Owner of popular Naked Espresso cafe franchise, Mr Ariya Khamvongsa, emphasized the importance of cooperation and camaraderie among cafe and restaurant owners, at a...

Riding the Globalization Wave

Driving through the capital city of Vientiane, its apparent that in the past five years, the country has stepped up its globalization game. With...

Star Telecom Wins Bid to Develop Population Management for Laos

On June 9th, the Ministry of Home Affairs signed a contract allowing Star Telecom (widely known as Unitel) to move forward in developing the Population...

Private Businesses Struggle to Find Financing

Business banking in Laos has taken a severe hit in the past few years as government officials have started limiting funds that have been...