Business

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 their businesses, properties and services to make sure they do not help online scam networks operate. The chamber issued a notice warning companies that scam operations have harmed victims and damaged the reputation of Chinese businesses...

Laos Inflation Edges Up in July, Electricity Prices Surge 91.5% Year-on-Year

Electricity prices jumped 91.5 percent in July compared to the same month last year,...

Online Sellers Face Renewed Enforcement of Business Registration Rules

Online sellers in Vientiane must register as businesses and obtain an e-commerce licence or...

Former MRC Chief Anoulak Kittikhoun Named First Lao Head of Mekong Institute

Former Mekong River Commission (MRC) Chief Executive Officer Anoulak Kittikhoun has been appointed Executive...

Trade, Energy, Tourism Drive Laos-Vietnam Economic Ties Past USD 1.3 Billion

Trade between Laos and Vietnam reached USD 1.305 billion during the first six months...

KB Kolao Leasing Enters Lao Local Leasing Market

Feb 13, Vientiane Capital - As a part of its regional expansion strategy, the KB Financial Group, a South Korean financial holding company, has...

Lao Telecom to Increase Investment for Improved Services and Market Growth

Lao Telecommunications Company (LTC) expects to see expansion of its network and telecommunications systems this year in an effort to improve services and gain...

BCEL Opens E-Banking Network to Krungsri Customers

Banque pour le Commerce Exterieur Lao (BCEL) has signed an agreement with Krungsri Leasing Services granting use of its electronic banking services to customers...

Lao Dairy Farm Milking the Market in Vientiane Capital

Lao Dairy Farm has already become the leader of the fresh milk market in Laos, saying the quality of its Crysta brand milk is...

Chinese Machine-made Lao Skirts Affecting Traditional Sales

Chinese machine-made imitations of traditional Lao skirts and ornamental dress accessories are having an effect on the sales of handmade Lao products. A recent Vientiane...

Korean Firm DGB Financial Group Establishes Leasing Business in Laos

DGB Financial Group from the Republic of Korea has expanded its financial business into Laos, after the company performed well in its home country. The...