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...

Laos Utilises Cooperatives to Support Agricultural Growth

Laos need to create the national committee for development of cooperation aiming to support and helping the agriculture sector in its expansion efforts. For several...

BCEL-KT: Trade Summary (Dec 14, 2016)

Trade Summary LSX index hovered over 1,004.54 points with 23,400 shares traded, translating to about 116,990,000 kip contributed mainly by foreign investors and securities. EDL-Gen...

Pak Beng Project Awaits MRC Review, Comments

The company preparing to build the Pak Beng hydropower project is standing ready to respond to comments from Mekong River Commission countries and development...

Lao Freight Forwarders Suffering from Competition

Transport service providers and freight forwarders in Laos are suffering from increased competition with the number of companies operating in the sector having increased. Despite...

BCEL-KT: Trade Summary (Dec 13, 2016)

Trade Summary LSX was down 9.51 points or 0.94 percent to close at 1,004.54 points on just 6,500 shares or 19,950,000 kip in terms of...

BCEL-KT: Trade Summary (Dec 9, 2016)

Trade Summary While remained unchanged at 1,014.05 points on Monday, LSX had higher trading volume than last Friday with 36,300 shares traded, worth about 183...