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Saturday, April 19, 2025
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Business

Vietnam to Export Power to Singapore, Malaysia; Import More from Laos, China

Vietnam has revised its national power plan as it pushes for double-digit economic growth between 2026 and 2030. The country now aims to significantly boost electricity imports—especially from Laos—and scale up renewable energy production, while cutting back on short-term exports. Under the updated plan, total power capacity is expected to...

ASEAN Economic Ministers Say No to Retaliation in Response to US Tariffs

Ministries from the Association of Southeast Asian Nations (ASEAN) expressed "deep concern" over unilateral...

Beerlao Earns Top Honors at Monde Selection Awards

Lao Brewery Company (LBC) has earned international acclaim after its flagship beers, Beerlao Lager...

Laos Exports Farm-Raised Pangasius to China in Milestone Aquatic Trade Deal

Laos has successfully exported its first-ever shipment of farm-raised freshwater pangasius fish to China,...

Trump Stuns With Tariff Backtrack but Punishes China

By Danny Kemp with Sam Davies in Beijing/AFP - United States President Donald Trump...

Kyochon Chicken Plans to Expand to Laos Within Next 5 Years

KYOCHON Chicken, a South Korea-based fried-chicken restaurant chain, has set a five-year business plan to penetrate Thailand, Cambodia, Myanmar and Laos. Tarakorn Angpubate, chief executive...

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...