Business

Laos, China Launch Digital Payment Link For Cross-Border Transactions

Laos and China have launched a new digital payment link that allows Chinese visitors to pay Lao businesses using China’s digital yuan, without needing to exchange cash into Lao kip. The system connects China’s digital yuan, known as e-CNY, with Laos’ domestic QR payment network. A Chinese visitor can now...

Laos Takes Chair of ASEAN Women Entrepreneurs Network

Laos has taken over the chairmanship of the ASEAN Women Entrepreneurs Network for the...

Lao, Chinese Energy Firms to Study Battery Storage System for Laos Power Grid

On 11 September, Électricité du Laos (EDL) and Chinese energy company Shenzhen Yichu Smart...

Vietnam-Backed Bauxite Project in Laos Moves Toward 2028 Production

A major bauxite project in southern Laos is moving closer to production, with Lao...

China-Laos Railway Sees 50 Percent Rise In Cross-Border Passengers

Passenger traffic on the China–Laos Railway has increased significantly this year, boosting tourism and...

Private Airline Lao Skyway Adds Airbus Helicopter to Its Fleet

Shepherd Media has announced that Lao Skyway has recently purchased a brand new H125 Helicopter from Airbus Helicopters for civil and parapublic missions, including domestic charter...

Sengdara Fitness Plans Major Makeover

One of Vientiane’s modern institutions is gearing up for a facelift, as the fitness craze takes hold of the developing capital. Established in 2003...

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...