Business

Laos’s Credit Rating Upgraded After Bond Sale, Hong Kong Tax Pact

Laos has received a credit rating upgrade after issuing a USD 500 million international bond and signing a tax agreement with Hong Kong aimed at reducing costs for cross-border investors. On 29 October, S&P Global Ratings upgraded Laos’s long-term credit rating from CCC+ to B-, with a stable outlook, indicating...

Laos Eyes 500MW Renewable Electricity Export to Singapore

Laos is eyeing a major expansion of its clean energy exports following a proposed...

Laos Links South Korea Work Visas to Overstay Rates as Program Expands

Laos will suspend access to South Korea’s seasonal work program for 3 years if...

Laos Targets Faster Border Checks in USD 5 Million Trade Project

Laos is preparing local businesses for higher costs when selling goods abroad, as the...

Vientiane’s Shared E-Bikes Return Amid Parking, Licensing Concerns

Red electric bikes bearing the “Laos Shared E-Bike” logo have reappeared across Vientiane, raising...

Food Review: All-American All Star Burgers

On a cool lazy Sunday afternoon in Vientiane, it can be so comfortable at home that stepping out for food is  just not an...

Laos Orders Factory to Stop Recycling Spent Beer Malt Over Pollution Concerns

The Lao government ordered a factory in the capital Vientiane that recycles 80 tons of spent beer malt a day to shut down after...

Analyst: Thai King Death Affects Regional Casino Business

The death, announced on Thursday, of Thailand’s King Bhumibol Adulyadej (pictured) creates “near- and long-term” considerations in relation to the regional casino gaming industry,...

Banks in Laos See Asset Growth Value

The value of assets in the banking sector in Laos could possibly still continue to grow this year, as foreign banks move to open...

Banpu Power Targets Bt13.6 Billion From Upcoming IPO

BANPU POWER has targeted raising up to Bt13.6 billion from its initial public offering (IPO) later this month. The company, whose shares will be...

Japanese Companies Get Big Break in Laos

TOKYO -- Laos' patent authority has decided to recognize patents on technologies that have been granted in Japan. The decision will allow Japanese companies...