30 C
Vientiane
Wednesday, January 21, 2026
spot_img

Business

Laos Introduces Fines for Damaging, Misusing Banknotes

The Lao government began enforcing new rules on the use and handling of banknotes on 20 February, introducing fines for damaging or misusing cash to protect the kip and improve circulation. Under the decree, individuals who deliberately damage banknotes, such as scattering or stepping on them, or who sell new...

Laos Inflation Falls to 7.7 Percent in 2025, Showing Signs of Economic Stabilization

Laos’ average inflation fell to 7.7 percent in 2025, down sharply from 23.13 percent...

Laos to Export Electricity to Singapore Under Regional Power Agreement

Laos has taken another step toward expanding regional electricity exports after a new agreement...

Former Ban Keun Zoo Reopens as Wildlife Rehabilitation Centre Near Nam Pien Yorlapa

The former Ban Keun Zoo in Vientiane is set to begin a new chapter...

Tether, Bitqik Collaborate to Promote Stablecoin Education in Laos

On 7 January, Tether, the largest company in the digital asset industry, and Bitqik,...

China-Laos Investment Pact Applies In Casino Tiff, Court Says

New York  -- An investor from the Chinese territory of Macau that sued the Laotian government for effectively stealing its casino had its arbitration...

Unitel Reaches $1 Billion Revenue Figure In Laos

Unitel, the brand name of Viettel in Laos, reached US$1 billion in cumulative revenue in seven years of operation in the country. Mobile TV service...

Singapore Airline’s SilkAir, Tribal Worldwide Launch ‘Marvel-Laos’ Campaign

At the end of October SilkAir, the regional wing of Singapore Airlines, is adding Vientiane and Luang Prabang, in Laos to its flights. As part...

GE, EDL Sign Agreement to Develop Laos’ Hydroelectric Power Workforce

Electricite du Laos and General Electric have signed a memorandum of understanding to launch joint research and training programs designed to support the development...

Debt-ridden Vietnamese Property Group to Sell Rubber Plantations in Laos

Hoang Anh Gia Lai is desperate to find a way to settle its $1.44 billion debt. Vietnamese real estate conglomerate Hoang Anh Gia Lai is...

Foreign Investors Inject More Interest into Private Hospitals

More foreign investors are interested in opening private hospitals in the country in response to growing patient demand for high quality health services. Foreign investors...