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...

Vientiane Inks Feasibility Study For Biogas Project

The Vientiane Office of Management and Service and Luangpaseuth Construction Co., Ltd. are teaming up to launch a feasibility study for a biogas project...

AEM 48 Opened

The 48th ASEAN Economic Ministers' Meeting (AEM 48)  was opened this morning by Prime Minister Thongloun Sisoulith in the presence of ASEAN Secretary General...

CLMV Nations to Partner In Tourism, Banking

Cambodia, Laos, Myanmar and Vietnam (CLMV) have reaffirmed their commitment to strengthen their cooperation in promoting their countries as a single tourism destination. The countries'...

Laos, Malaysia Boost Trade And Investment Cooperation

Laos and Malaysia will boost cooperation in trade and investment to strengthen their existing bilateral relations. The collaboration was confirmed during a bilateral meeting between...

Luang Namtha Eyes Economic Growth of Not Less 9.5 Percent

Luang Namtha province aims to grow its economy by not less than 9.5 percent a year, with revenue equating to about 12 million kip per...

Saravan’s Total Trade Value Grows By 17.76

The value of trade in Saravan province climbed to more than 1.5 trillion kip over the first nine months of this fiscal year, up...