Business

Laos, China Launch Digital Payment Link For Cross-Border Transactions

Laos and China have launched a new digital payment link that allows Chinese visitors to pay Lao businesses using China’s digital yuan, without needing to exchange cash into Lao kip. The system connects China’s digital yuan, known as e-CNY, with Laos’ domestic QR payment network. A Chinese visitor can now...

Laos Takes Chair of ASEAN Women Entrepreneurs Network

Laos has taken over the chairmanship of the ASEAN Women Entrepreneurs Network for the...

Lao, Chinese Energy Firms to Study Battery Storage System for Laos Power Grid

On 11 September, Électricité du Laos (EDL) and Chinese energy company Shenzhen Yichu Smart...

Vietnam-Backed Bauxite Project in Laos Moves Toward 2028 Production

A major bauxite project in southern Laos is moving closer to production, with Lao...

China-Laos Railway Sees 50 Percent Rise In Cross-Border Passengers

Passenger traffic on the China–Laos Railway has increased significantly this year, boosting tourism and...

BCEL-KT: Trade Summary (Oct 28, 2016)

LSX traded positively on Friday, rising 8.18 points to close at 995.21 points, with 6,400 shares traded (about 21.4 million kip in terms of...

BCEL-KT: Trade Summary (Oct 27, 2016)

LSX continued its losing streak, down by 8.18 points to close at 987.03 points with just 8,900 shares traded. The turnover was 43,165,000 kip....

BCEL-KT: Trade Summary (Oct 26, 2016)

LSX reversed Tuesday’s gains, going down 5.38 points to close at 995.21 points on 58,000 shares matched. The turnover was 283.87 million kip today,...

BCEL-KT: Trade Summary (Oct 24, 2016)

LSX lost 9.65 points on Monday to finish at 991.75 points as its heavily-weighted stocks, namely EDL-Gen and BCEL, traded in negative territory. The...

China Says Singapore Court Got It Wrong In Laos Treaty Case

New York -- China claimed Friday that Singapore's highest court was wrong to conclude last month that Macanese companies are protected by China’s bilateral...

BCEL-KT: Trade Summary (Oct 21, 2016)

LSX composite index moved up 2.67 points on Friday, finishing at 1,001.40 points. The trading volume was modest with only 1,300 shares traded, worth...