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...

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...

BCEL-KT: Trade Summary (Dec 5, 2016)

Trade Summary Lao stock exchange resumed trading after a long weekend with no change in the index. But the trading volume failed to match the...

Intercontinental Set for 2021 Laos Debut

Intercontinental Hotels Group (IHG) is set to open its first Intercontinental-brand property in Laos in 2021, as part of the new mixed-use World Trade...

BCEL-KT: Trade Summary (Dec 1, 2016)

Trade summary Lao stock market marked was quiet day on the final day of the week, index closed up by 0.13 percent or 1.33 points...

BCEL-KT: Trade Summary (Nov 25, 2016)

Trade Summary At the end of the week, LSX closed unchanged at 1,014.43 point. The market generated about 211 million kip form the trading of...