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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...
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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...
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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...
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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...
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Toyota and Daehan Dominate Laos Auto Market

Laos Auto Market in first half of 2016 hit record sales and production. The market is dominated by Toyota and Daehan while the most of...

BFL Receives UN Support For Female-run Businesses

Banque Franco Lao Ltd (BFL) has been awarded a grant by UNCDF's SHIFT Challenge Fund's Second Window for Women's Financial Inclusion, funded by the...

Ministry Amends Law On Single Window Service For Investors

The Ministry of Planning and Investment is amending the law on the single window service and its management in a bid to streamline the...

Lao Small Businesspeople Invest In Foreign Countries

While still small in number, the number of Lao businesses investing in other countries of Asean is increasing. Meanwhile, many more businesses from Asean nations...

SilkAir Adds New Connections From Singapore to Laos

SINGAPORE Airlines subsidiary SilkAir will be launching thrice-weekly flights from Singapore to Laos come October 31. It will operate a circular route between Singapore, Vientiane...

World Bank – Scaling Up Rural Sanitation in Lao PDR: Latrines Makes Good Business

A scaling up rural sanitation program in Champasak and Sekong provinces was the first government-led Community-Led Total Sanitation (CLTS) and sanitation marketing pilot in...
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