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Chinese Commerce Chamber Urges Businesses in Laos to Cut Ties with Scam Networks

The General Chinese Chamber of Commerce in Laos has told its members to check their businesses, properties and services to make sure they do not help online scam networks operate. The chamber issued a notice warning companies that scam operations have harmed victims and damaged the reputation of Chinese businesses...

Laos Inflation Edges Up in July, Electricity Prices Surge 91.5% Year-on-Year

Electricity prices jumped 91.5 percent in July compared to the same month last year,...
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Online Sellers Face Renewed Enforcement of Business Registration Rules

Online sellers in Vientiane must register as businesses and obtain an e-commerce licence or...
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Former MRC Chief Anoulak Kittikhoun Named First Lao Head of Mekong Institute

Former Mekong River Commission (MRC) Chief Executive Officer Anoulak Kittikhoun has been appointed Executive...
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Trade, Energy, Tourism Drive Laos-Vietnam Economic Ties Past USD 1.3 Billion

Trade between Laos and Vietnam reached USD 1.305 billion during the first six months...
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BCEL-KT: Trade Summary (Dec 8, 2016)

Trade Summary Lao Securities Exchange trade mixed on Thursday. The index ended lower by 1.4 percent or 14.43 points to 1,014.05 points, weighed sharply by...

LG CNS Sells Electronic Tax System to Lao Government

LG CNS, the IT solutions arm of LG Group and one of the Korea’s leading IT service providers in the e-Government sector, is accelerating...

Nayoby Bank to Increase Loan Amounts, Expand Branches

Nayoby bank will increase the maximum loan amount it releases to a customer from the current 30 million kip to 50 million kip next...

BCEL-KT: Trade Summary (Dec 7, 2016)

Trade Summary On Wednesday, Lao Securities Exchange, the index stayed unchanged at 1,028.48 points, posting a small trading volume of just 1,100 shares, making around...

Trade Surplus Predicted for 2016

Phousy Construction and Development Public Company (PCD) will continue its public share offering roadshow in Hong Kong and Singapore next week in an effort...

Central Bank Permits Importers to Borrow in Foreign Currency

The Bank of the Lao PDR has permitted commercial banks to release loans in foreign currency to importers, including those who currently have no...
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