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...

AirAsia Celebrates Asean Day With Low Fares Across Region

AirAsia is offering promotional fares to Asean destinations in conjunction with Asean Day on Monday. Asean Day celebrates the founding of the Association of...

Lao Airlines Becomes Full Member of IATA

Lao Airlines, the flag carrier of the Lao PDR, has joined as a full member of International Air Transport Association (IATA) that helps to...

Lao Holdings Revenue Growth Continues

The Lao Holdings State Enterprise (LHSE) expected that revenues from the next six months of operations are set to increase with the government's bottom...

Group Lease PCL Q2 Profits Nearly Doubles from Last Year

Thanks to very strong performance both in Thailand and particularly in Cambodia and Laos, SET-listed digital finance firm Group Lease Public Company Limited ("GL",...

The Rise, Fall and Possible Renewal of Boten

BOTEN, Laos — For five years, this remote town on the China-Laos border has lived in the shadow of more prosperous times. On the main street,...

The First Botanical Garden in Laos Opening in November

Pha Tad Ke Botanical Garden is opening to the public on November 1st 2016. Founded by curator and publisher, Rik Gadella, Pha Tad Ke...