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...

Thai Airways’ Lao Ticket Sales On the Rise

Thai Airways International Public Company Limited's ticket sales in Laos during the summer period (April – October) have been on the increase, rising by...

IFC Helps Lao Banks Strengthen Risk Governance

The International Finance Corporation (IFC), a member of the World Bank Group, is helping Lao commercial banks to strengthen risk governance, improve sustainability and...

Lao Business Leaders Call For Revision of Policies and Regulations

Business operators have called on the government to revise certain policies and regulations to better facilitate business operations and boost productivity. The call was made...

Krungsri Fosters Lao-Thai Business Network Via Business Matching

Krungsri (Bank of Ayudhya PCL) is providing full support for Thai SMEs to expand their businesses in Laos through the Krungsri Business Journey: Opportunities...

LAOSAT Reviews Progress for First Half of 2016

The Lao Asia-Pacific Satellite Co., Ltd. (LAOSAT) is urging Lao businesses that currently rent services from foreign-owned satellites to use the Lao satellite instead. This...

Laos, Vietnam Exchange Ideas on Female Progress

The Lao Women's Union and Vietnamese Women's Union met in Vientiane recently to promote women's development and to upgrade the lives of those lacking...