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...

Laos Extends Deadline On Macau Legend Deal For Troubled Savan Vegas Casino

The deadline for casino services firm Macau Legend Development’s $42-million deal to operate the disputed Savan Vegas Hotel and Entertainment Complex. In a filing, the...

Boten – Preparing For Another Boom

Boten, once a remote village on the China-Laos border, has gone from boom to bust within a few short years and is now preparing...

Nam-Mang 1 Hydropower Project Close To Completion

Construction of Nam-Mang 1 hydropower project in Phonsavanh village, Thaphabath district of Borikhamxay province is almost complete (99 percent) and is expected to be...

Daohueang Market Reopens For Business

Daoheuang Market in Pakxe district, Champassak province, has reopened after it was damge by fire three months ago, the Socio-Economic Daily reported yesterday. Around 400...

Vientiane’s First Organic Store

Consumers concerned about their health won’t have to travel far to buy organic products with the opening of the new Organic Home shop in...

Vice President Lauds EU Support For Lao Development

Vice President Phankham Viphavanh has highly valued the substantial contribution made by the European Union (EU) to boost development and assist poverty reduction efforts...