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...

PUM Netherlands Senior Experts Ready to Assist Businesses in Laos

Does your business have an issue that you just cannot resolve? Or do you think your business can achieve more? Do you ever wonder how...

BCEL-KT: Trade Summary (Jan 4, 2017)

Trade Summary LSX was up 54.58 points or 5.21 percent on the second trading day of 2017 as EDL-Gen rose by 300 kip to 5,500...

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...