Business

Laos Studies USD 1 Billion Vientiane-Lidu Industrial Park in Pakngum

On 13 August, Laos agreed to study the development of a new industrial park in Vientiane, with the proposed project expected to attract around USD 1 billion in investment. The feasibility study for the Vientiane-Lidu Industrial Park will cover 307 hectares across four villages in Pakngum district and is expected...

Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...

Lao Authorities, Lao Bank Seek Legal Action Against Thai Media Over Money Laundering Claims

On 31 July, Lao authorities and Lao Development Bank (LDB) met with Thailand's Central...

Chinese Commerce Chamber Urges Businesses in Laos to Cut Ties with Scam Networks

The General Chinese Chamber of Commerce in Laos has told its members to check...

Laos Inflation Edges Up in July, Electricity Prices Surge 91.5% Year-on-Year

Electricity prices jumped 91.5 percent in July compared to the same month last year,...

Attapeu Steps Up Price Controls Ahead of New Year

Authorities in Attapeu Province have strengthened price control measures to stabilize the cost of goods and services during the end-of-year and New Year period,...

Laos to Require Online Businesses to Register Under New E-Commerce Rules, Starting Next February

On 17 December, the Ministry of Industry and Commerce (MOIC) issued a nationwide directive requiring individuals and companies operating online businesses in Laos to...

Rising Gold Prices Add to Household Costs in Laos

Gold prices in Laos jumped sharply on 23 December, following a broader rise seen across neighbouring countries, as global prices climbed and local currency...

Laos Advances National Road 22 Repairs, Nearly Half Completed

Lao authorities are accelerating repairs on National Road 22 following damage from landslides and heavy rain, with more than 47 percent of the work...

Laos, Cambodia Launch Phase 2 of Cross-Border QR Payments: Allows Both Sides to Scan

Laos and Cambodia officially launched Phase 2 of their cross-border QR code payment system on 19 December, enabling seamless digital transactions for travelers from...

Lao Development Bank Marks 4th Anniversary, Launches New Features on LDB TRUST App

On 12 December, at Landmark Mekong Riverside Hotel in Vientiane Capital, Lao Development Bank Co., Ltd. (LDB) held LDB Night to mark the fourth...