Business

Laos Shifts Tourism Licensing Powers to Provincial, District Authorities

Laos is revising how tourism business licences are issued and enforced, dividing responsibilities among central, provincial, and district authorities, Minister of Information, Culture and Tourism Suanesavanh Vignaket said at the National Assembly meeting on 7 October. The Ministry will retain control over foreign-invested tourism businesses and international tour operators, according...

Laos to Reopen Applications for Non-Bank Financial Institutions by End of 2026

The Lao central bank plans to resume accepting applications to establish new non-bank financial...

Khammouane Targets UNESCO Geopark Status to Boost Tourism

Khammouane is preparing a UNESCO bid for the Hinboun Geopark, hoping the international designation...

African Swine Fever Disrupts Pork Supplies, Beef Prices Rise in Vientiane

The pork shortage is putting pressure on Vientiane’s meat markets as African swine fever...

Lao Migrant Workers Send Home USD 500 Million in First Seven Months of 2026

Lao migrant workers sent an estimated USD 500.7 million back to Laos during the...

Trade Declines, Investment Rises With Plus Three Countries

The value of ASEAN trade with the plus three countries;China, Japan and South Korea, decreased last year while Foreign Direct Investment (FDI) increased from...

Govt Announces a Halt On Fuel Tariff Exemptions

The government made an official announcement in Vientiane on Thursday to completely halt fuel tariff exemptions in a move to close loopholes in illegal...

Borikhamxay Ceases Wood Processing Plants

Borikhamxay provincial authorities have cancelled the business operations of 13 wood processing plants after finding that they had permanently ceased their processing operations for...

Laos, China Want Better Synergy In Development

Laos and China are aiming to achieve better synergy in development with the relevant sectors from both countries to work together to merge Laos'...

Handicraft Association Looking To Expand Line of Pottery Products

The Lao Handicraft Association is planning to support new Lao pottery products being made in Vientiane this year which it hopes will attract both...

PM Proposes Seven Point Agenda to Pursue ASEAN Economic Goals

Prime Minister Thongloun Sisoulith has raised a seven-point agenda calling for ASEAN economic ministers to place discussion focus on pursuing the 2025 ASEAN economic...