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...

BCEL-KT: Trade Summary (Jan 5, 2017)

Trade Summary LSX kept its upward movement, adding 40.71 points to the market index to finish at 1,142.56 points, while BCEL touched the ceiling price...

New Mobile Banking App for Joint Development Bank

Joint Development Bank (JDB) has announced plans to offer a mobile banking app this year. The mobile banking app will provide customers with a...

Gift Basket Sales Drop This Year

Many retailers in Vientiane have seen a decline in sales of gift baskets during the year-end shopping season. Gift baskets are top selling items among...

Laos Gets $850,000 Containerized Data Center

Laos' first state-run data center opened recently, funded by a Japanese program supporting environmentally sound technology. The facility marks "a big step" toward improving the...

Fewer Businesses Opening in Laos

The number of entrepreneurs opening businesses in Laos declined by 13 percent over the past 10 months of this fiscal year compared to the...

BCEL-KT: Trade Summary (Dec 26, 2016)

Trade summary Lao stock market edged higher on Monday, as BCEL got good start before preparing for long holiday to increase by 450 kip finished...