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Sunday, November 24, 2024
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Business

ASEAN Defense Ministers Unite in Laos for Peace and Security Talks

The 18th ASEAN Defense Ministers’ Meeting (ADMM) and the 11th ADMM-Plus successfully concluded in Vientiane, Laos, from 19 to 22 November. Held under the theme “Working Together for Peace, Security, and Strength of ASEAN.” The dialogue brought together defense ministers from ASEAN countries, Timor-Leste as an observer, and eight dialogue...

Lao Coffee: A Journey Through Flavor, Heritage

In Laos' Bolaven Plateau, Champasack Province, the air is often filled with the scent...

Laos Welcomes Over Five Million Tourists in 2024, Generating Over USD 1 Billion

Laos has recorded over five million tourists this year, exceeding expectations and generating more...

Lao National Assembly Opens 8th Ordinary Session to Address Key National Challenges

The 9th-tenure National Assembly (NA) opened its 8th Ordinary Session on 18 November in...

Lao Government Encourages Diaspora to Reconnect, Invest in Homeland

On 12 November, the Lao government hosted a meeting in Vientiane aimed at encouraging...

Kyochon Chicken Plans to Expand to Laos Within Next 5 Years

KYOCHON Chicken, a South Korea-based fried-chicken restaurant chain, has set a five-year business plan to penetrate Thailand, Cambodia, Myanmar and Laos. Tarakorn Angpubate, chief executive...

China Gezhouba Group Signs Deal to Construct 35-MW Xelanong 2 Hydropower Project In Laos

The China Gezhouba Group Corp. has signed an agreement with the Laotian government to develop a 35 MW hydroelectric plant in Laos' southern Salavan...

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...