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Friday, January 31, 2025
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Business

Laos, Japan Discuss Plans for Direct Flights, Visa Easing

Laos and Japan have upgraded their relationship to a Comprehensive Strategic Partnership, marking 70 years of diplomatic ties and paving the way for closer collaboration in trade, travel, and regional cooperation. On 21 January, Lao Prime Minister Sonexay Siphandone and Japanese Prime Minister Ishiba Shigeru signed a joint declaration on...

Laos Mining Sector Attracts Over USD 2.4 Billion in 2024 Investments

Laos' mining industry attracted nearly USD 2.5 billion in investments in 2024, surpassing annual...

Lao Brewery Company Emerges as Laos’ Top Taxpayer in 2024

The Lao Brewery Company Ltd. (LBC) cemented its position as Laos’ largest taxpayer in...

Xam Tai District’s Silk Tapestries Set to Achieve ODOP Status

Traditional silk tapestries from Xam Tai district in Houaphanh Province will soon be recognized...

Xayaboury Produces 1.56 Million Tons of Cassava in 2024, Boosts Exports to Thailand

In 2024, farmers in four southern districts of Xayaboury Province cultivated nearly 54,000 hectares...

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...

Boten – Preparing For Another Boom

Boten, once a remote village on the China-Laos border, has gone from boom to bust within a few short years and is now preparing...