Business

Laos, Russian Region of Tatarstan Discuss New Trade Opportunities

Russia’s Republic of Tatarstan wants to expand trade and investment with Laos, with the region’s official media describing current economic ties as “practically absent” during a two-day visit by its head to Vientiane on 4 and 5 November. Tatarstan's head Rustam Minnikhanov met Lao Prime Minister Saleumxay Kommasith on 5...

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...

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...

Supreme Court Blocks Trump Tariffs, 15 Percent Levy Keeps Pressure on Laos

A landmark US Supreme Court ruling has reshaped Washington’s trade policy, but for small economies like Laos, the relief may prove temporary. On 20 February,...

Lao Electricity Company Fast-Tracks Nam Ngum 3, Solar Projects to Secure Power Supply

Electricité du Laos (EDL) will accelerate the Nam Ngum 3 hydropower project and push forward 12 large-scale solar farms as it works to secure...

Electricité du Laos Signs Deal to Establish Cyber Security Operations Center

Electricité du Laos has signed a cooperation agreement to establish a Cyber Security Operations Center at EDL headquarters in Vientiane Capital to strengthen protection...

Asian Development Bank Beefs Up Lao Livestock with USD 42.9 Million Project

Lao authorities have launched a new livestock development project backed by USD 42.9 million in funding from the Asian Development Bank (ADB). The financing package...

Seven New Ambassadors Present Credentials to Lao President

On 17 February, President of Laos Thongloun Sisoulith received letters of credence from seven newly appointed foreign ambassadors. The ambassadors represent Thailand, Finland, Egypt, Georgia,...

Agricultural Exports via First Lao–Thai Friendship Bridge Top USD 9.7 Million in January

Agricultural exports moving through the First Lao–Thai Friendship Bridge (Nong Khai–Vientiane) exceeded USD 9.7 million in January, according to the Ministry of Agriculture and...