Business

Laos Cuts 7-Day Base Interest Rate to 7% as Economic Risks Persist

The Bank of Laos (BOL) has cut its seven-day base interest rate from 8 percent to 7 percent a year as inflation remains below the government’s 8 percent target. The Monetary Policy Committee approved the cut at its meeting on 20 August, where it reviewed monetary policy, economic conditions, fuel...

Laos Studies USD 1 Billion Vientiane-Lidu Industrial Park in Pakngum

On 13 August, Laos agreed to study the development of a new industrial park...

Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...

Lao Authorities, Lao Bank Seek Legal Action Against Thai Media Over Money Laundering Claims

On 31 July, Lao authorities and Lao Development Bank (LDB) met with Thailand's Central...

Chinese Commerce Chamber Urges Businesses in Laos to Cut Ties with Scam Networks

The General Chinese Chamber of Commerce in Laos has told its members to check...

Apple of Her Eye: Nothing Like The Real Thing

The manager of Laos’ only official Apple Authorised Reseller store says there’s nothing like the real thing. As a marketing symbol, you can’t get much...

On the Table: Building a Startup Community in Vientiane’s First Co-Working Space

The life of a freelancer and startup can be a lonely and tough one, especially when you don’t even have an office to work...

Staying On Top: How 108 Jobs is Riding the Startup Wave

When it comes to technology-based start-ups – or any new business, for that matter – disruption is the name of the game. You want...

Prime Minister Urges End of Tedious Policies to Improve Business Climate in Laos

Prime Minister Thongloun has advised line ministries to eliminate futile procedures in an effort to improve the business environment in Laos. When addressing the 10th...

Lucky Draw for Bangkok Airways Dated 11/03/2017

Last month, the month of Love, Express Food Group Co, a the subsidiary of RMA Group offered a special campaign for customers of The...

Lao Airlines to Reboot Inflight Magazine, Open for Advertising

The Lao Airlines inflight magazine, Champa Meuanglao, is to undergo a drastic change as part of a reboot that will showcase a modern and...