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...

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...