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...

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...

Transport Ministry Orders Changes to BRT Design as Project Faces Safety, Funding Challenges

The Ministry of Public Works and Transport has ordered adjustments to the Bus Rapid Transit (BRT) project, shifting from concrete curbs to painted lane...