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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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Kyochon Chicken Plans to Expand to Laos Within Next 5 Years

KYOCHON Chicken, a South Korea-based fried-chicken restaurant chain, has set a five-year business plan to penetrate Thailand, Cambodia, Myanmar and Laos. Tarakorn Angpubate, chief executive...

China Gezhouba Group Signs Deal to Construct 35-MW Xelanong 2 Hydropower Project In Laos

The China Gezhouba Group Corp. has signed an agreement with the Laotian government to develop a 35 MW hydroelectric plant in Laos' southern Salavan...

Australia Supports Lao Business Reform

Australia's Minister for Trade, Tourism and Investment, Mr Steven Ciobo has announced an additional AUD$4.1 million (almost 25 billion kip) of Australian assistance to...

Lao-Thai Joint Venture Given Insurance Licence In Laos

ST-MUANG THAI Insurance Company (ST-MTI), a joint venture between Muang Thai Group and ST Group Co, has acquired its official licence to operate in...

Lao Trade Official Rejects IMF View That Currency Is Too Strong

Laos' currency is not overvalued, a trade ministry official said on Saturday, rejecting an IMF assessment that the kip was too strong for a...

Malaysian Companies Appeal For More Government Representation In Laos

Malaysian companies operating in Laos have appealed to the government to have a stronger representation in Vientiane to assist in the dealings with the...
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