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 (Nov 7, 2016)

Trade Summary LSX was mixed on the first trading day of the week, the index growth 8.85 points to 999.79 points from the matching of...

Laos Set to Launch Fifth Bond Issue in Neighbouring Thailand

The Lao People's Democratic Republic will launch an offering of baht-denominated bonds in the Thai market this week to raise up to 11 billion...

BCEL-KT: Trade Summary (Nov 4, 2016)

Trade Summary LSX kept losing on Friday, down slightly by 0.67 points to close at 990.94 points with 54,300 shares traded. EDL-Gen closed unchanged at...

SilkAir and Sabre Join Forces to Help Laos Grow Its Tourism Market

SilkAir and Sabre Corporation are backing Laos in the expansion of its tourism industry by making the airline’s new flights to the emerging destination available...

SilkAir Starts Two New Routes to Laos

SilkAir has added Laos to its regional route network with the launch on 31 October of a thrice-weekly (Mondays, Thursdays and Saturdays) service from...

Akaryn to Expand With Three New Hotels in Thailand and Laos

The Akaryn Hotel Group has announced plans to launch three new hotels in Thailand and Laos. The new properties include the Akyra Beach Club Phuket;...