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...

Quality Checks On Imported Fuel Begin At Friendship Bridge

The Ministry of Science and Technology has begun checks on the quality of imported fuel at the Laos-Thai Friendship Bridge in Vientiane. A ceremony to...

Asean Economic Officials Agree to Report Laos’ Priority Deliverables

Senior economic officials from the 10 ASEAN member states and delegates have agreed on the eight priority deliverables for the ASEAN Economic Community that...

Locusts Damage 776 Hectares of Crops in Huaphan

Crops growing on 776 hectares in Huaphan province have been damaged by locusts, causing huge financial losses, local media reported on Friday. The locust invasions...

Thailand May Buy More Power From Laos

Thailand may buy an additional 9,000 megawatts of electricity from Laos this year to ensure sufficient supply to meet rising demand, said a senior...

Startup Weekend Vientiane 2016 Hailed A Success

The 4th Startup Weekend Vientiane was launched last Friday under the theme “Social Entrepreneurship” to promote entrepreneurship in Laos. The Startup Weekend was held at...

Muong Thanh Group Opens Five-Star Hotel in Laos

Vietnamese Muong Thanh Group on July 29 inaugurated the five-star Muong Thanh Luxury Vientiane Hotel in Laos’s capital of Vientiane, which is its first...