Business

Laos, Vietnam Restart USD 492M Potash Project in Khammouane

A USD 492 million potash mining and processing project in Khammouane is moving forward again after nearly a decade of delays, with production targeted for 2028. On 12 October, Vietnam National Chemical Group (Vinachem) held a ceremony in Nongbok District to mark the project’s restart. The planned processing plant is...

Laos Shifts Tourism Licensing Powers to Provincial, District Authorities

Laos is revising how tourism business licences are issued and enforced, dividing responsibilities among...

Laos to Reopen Applications for Non-Bank Financial Institutions by End of 2026

The Lao central bank plans to resume accepting applications to establish new non-bank financial...

Khammouane Targets UNESCO Geopark Status to Boost Tourism

Khammouane is preparing a UNESCO bid for the Hinboun Geopark, hoping the international designation...

African Swine Fever Disrupts Pork Supplies, Beef Prices Rise in Vientiane

The pork shortage is putting pressure on Vientiane’s meat markets as African swine fever...

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...