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...

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...