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...

InfoSat-Laos DTH Platform on Thaicom

Thaicom – one of Asia’s leading satellite operators – has signed a contract with InfoSat-Laos, DTH) satellite TV operator in Laos- for the launch...

Crowne Plaza Welcomes Booking.com Guests

Situated in Vientiane, Crowne Plaza Vientiane features a fitness centre and massage services. Boasting a business centre, the hotel also provides guests with a...

Andritz Hydro to Supply Nam Theun 1

Andritz Hydro is to supply electromechanical equipment for the Nam Theun 1 hydropower project in Lao PDR in a contract awarded by Phonesack Group...

Vietcombank Proposes Plan For New Lao Subsidiary

Hanoi - Vietcombank plans to set up a 100 per cent owned subsidiary bank in Laos. The Joint Stock Commercial Bank for Foreign Trade of Việt...

Seat Quotas Increased for Bangkok-Vientiane Route

Thai airlines will soon be allowed to operate more flights to Vientiane, Laos, according to the Thai-Lao accord approved by the Cabinet on Tuesday. The...

Company Wins Appeal Against Laos Government

A Macau-based company has won its appeal against the Laos government in a case before the Appeal Court in Singapore. Sanum Investments had tried...