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...

65 Companies Awarded Lao Business Awards 2016

Sixty-five small and large domestic and foreign companies operating business in the Lao PDR have been awarded 40 Years Excellence Awards and ASEAN Business...

Stronger Public-Private Collaboration Needed

It is necessary for the public and business community to enhance their collaboration to reform and change production structure and improve production management to ensure...

Luang Prabang focuses on Boosting cultural Tourism

The Luang Prabang tourism sector has been focusing on boosting cultural tourism and sustainable development to ensure socio-economic development in the province, according to a...

Govt Mulls to Solve Business Issues for Development

Business operations in Laos remain challenging because of widespread failure to understand and comply with complex laws as well as lax oversight on the...

Follow Party Policy, VP Advises Business Operators

Business operators should understand Party policies and direction in depth and conduct their operations honestly to enable strong growth in the government and business sectors,...

Phongsaly Brewing Up Coffee Opportunities

Phongsaly, long renowned for its green tea, is set to be the nation's first coffee producer in the north after around 3,000 hectares of...