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...

Asean Business Awards 2016 Promote Enterprise Strength

The Asean Business Awards (ABA) 2016 were unveiled on Monday in conjunction with the Asean Summits at a reception in Vientiane, attended by Lao...

Lotteria Opens First Laos Outlet

Lotteria will open its first outlet in Laos on Sept. 9, it announced on Sept. 4. This is the first time the South Korean...

Comba Telecom Shares Rise On Tie-up With Laotian Government

HONG KONG -- Shares of Comba Telecom Systems Holdings rose Friday on the Hong Kong bourse, hitting 1.38 Hong Kong dollars, up 1.85% from...

Macau Casino Operator Completes Takeover of Laos Property

Hong Kong-listed casino operator Macau Legend Development Limited has announced that it has now assumed complete management and operational responsibilities for the Savan Vegas...

Kualao Prepared to Host Delegates for ASEAN Summit

Nestled on the corner of the capital city’s landmark That Dam Intersection, Kualao Restaurant is ready to serve the over 5,000 guests and delegates...

Krungsri Customers Pay Financial Products More Conveniently Through JDB Bank Channel

Customers of Krungsri's financial services in Laos will benefit from more convenience in making payments after connecting to the Joint Development Bank's banking channel. Krungsri...