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...

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

Trade Summary Lao stock market was a little quiet on the last trading day of this week, even if the index was stable at 1,014.05...

Construction Material Quality Control Centre Slated

Laos and China have agreed to cooperate in the construction sector, aiming to guarantee and improve of quality of construction materials in Laos. An agreement...

Banana Farms Ordered to Stop

Oudomxay province: -- Chinese farms in Laos' provinces have been suspended due to their ongoing use of hazardous chemicals which are having negative impacts...

PM Supports Chamber for Highest Business Role

Prime Minister Thongloun Sisoulith has expressed his full support for the Lao National Chamber of Commerce and Industry (NCCI) to serve as the highest...

Thai Kasikornbank Eyes Regional Expansion; Plans 2nd Branch in Laos

Thailand's Kasikornbank Pcl said on Tuesday it plans to open a second branch in Laos and upgrade the status of its local bank in...

China Is Transforming Southeast Asia Faster Than Ever

China’s investment is transforming its smaller Southeast Asian neighbors like never before while helping turn Cambodia, Laos and Myanmar into bigger destinations for its exports. That’s driving...