13.8 C
Vientiane
Sunday, December 29, 2024
spot_img

Business

Laos, China Launch QR Payment System for Cashless Tourism

Traveling between Laos and China is now easier with a QR payment system that enables tourists to make cashless transactions. Chinese visitors can already use QR codes, with plans for Laotian travelers to follow. On 19 December, the Lao National Payment Network Company Limited (LAPNet) and China’s UnionPay International (UPI)...

Seno Grilled Chicken Earns Official Recognition as Savannakhet’s New Symbol

On 12 December, Seno Grilled Chicken was officially recognized by Savannakhet authorities, becoming a...

K-pop Star Hoshi Donates USD 70,000 to Upgrade Lao Orphanage School

Kwon Soon Young, known as Hoshi, a member of the popular K-pop group Seventeen...

Japan Step Up to Provide Emergency to Provide Emergency Food Stocks For Targeted Relief Efforts

The Embassy of Japan signed an agreement on critical support to Lao’s disaster relief...

Chinese Firm to Invest USD 600 Million in Pomelo Production in Laos

A Chinese firm has announced plans to invest USD 600 million in pomelo cultivation...

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...

Laos Extends Deadline On Macau Legend Deal For Troubled Savan Vegas Casino

The deadline for casino services firm Macau Legend Development’s $42-million deal to operate the disputed Savan Vegas Hotel and Entertainment Complex. In a filing, the...