Business

Laos to Reopen Applications for Non-Bank Financial Institutions by End of 2026

The Lao central bank plans to resume accepting applications to establish new non-bank financial institutions by the end of 2026, after suspending new applications earlier this year to review and update licensing regulations. Visone Saysongkham, head of the non-bank financial institution supervision department at the Bank of the Lao PDR...

Khammouane Targets UNESCO Geopark Status to Boost Tourism

Khammouane is preparing a UNESCO bid for the Hinboun Geopark, hoping the international designation...

African Swine Fever Disrupts Pork Supplies, Beef Prices Rise in Vientiane

The pork shortage is putting pressure on Vientiane’s meat markets as African swine fever...

Lao Migrant Workers Send Home USD 500 Million in First Seven Months of 2026

Lao migrant workers sent an estimated USD 500.7 million back to Laos during the...

Laos, China Launch Digital Payment Link For Cross-Border Transactions

Laos and China have launched a new digital payment link that allows Chinese visitors...

Laos Sees Marginal Relief From High Inflation, With 0.29% Decrease in March

According to the Lao Statistics Bureau (LSB), the total inflation rate for March decreased slightly to 40.97% compared to February's figures of 41.3%. However, the...

Financial PR (HK) Reaches a Strategic Alliance Agreement with Kerl & Cie To Jointly Expand Cross-board Financial PR Services

HONG KONG SAR - Media Outreach - 4 April 2023 - Financial PR (Hong Kong) Limited ("Financial PR (HK)") is pleased to...

LOFTER Group partnered with “The Hub Hong Kong”, a non-profit children’s charity

to hold a Easter fun day to celebrate with the grass-root childrenHONG KONG SAR - Media Outreach - 4 April 2023 - ...

LOCA Celebrates Electrifying Milestone: 115 EV Taxis, 440,000 KM Served

LOCA, a leading provider of eco-friendly transportation, proudly announces the expansion of its electric taxi fleet to 115 vehicles. Since the pilot program launch...

Technical Consultation Held for Lao 5th Population and Housing Census 2025

On Sunday, the Lao Statistics Bureau (LSB), Ministry of Planning and Investment, and United Nations Population Fund (UNFPA), in collaboration with the United States...