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Unitel Reaches $1 Billion Revenue Figure In Laos

Unitel, the brand name of Viettel in Laos, reached US$1 billion in cumulative revenue in seven years of operation in the country.

Mobile TV service of Unitel. The company has installed 4,000 base transceiver stations and 23,000km of fibre-optic cable across Laos to bring telecom services to all districts in …

Singapore Airline’s SilkAir, Tribal Worldwide Launch ‘Marvel-Laos’ Campaign

At the end of October SilkAir, the regional wing of Singapore Airlines, is adding Vientiane and Luang Prabang, in Laos to its flights.

GE, EDL Sign Agreement to Develop Laos’ Hydroelectric Power Workforce

Electricite du Laos and General Electric have signed a memorandum of understanding to launch joint research and training programs designed to support the development of Laos’ hydroelectric power sector and electric grid.…

Debt-ridden Vietnamese Property Group to Sell Rubber Plantations in Laos

Hoang Anh Gia Lai is desperate to find a way to settle its $1.44 billion debt.…

Foreign Investors Inject More Interest into Private Hospitals

More foreign investors are interested in opening private hospitals in the country in response to growing patient demand for high quality health services.

Indian Investors Affected By Laos Ban On Timber Exports

Laos has banned export of timber and wood products to protect its environment, which has put many foreign investors in a fix, including Indians.…

EDL-Gen Raises $312m in Dollar Bonds in Thailand

EDL-Generation, the leading electricity producer in Laos, has successfully priced its debut US$312 million (approximately Bt10.8 billion) offering of dollar-denominated bonds in Thailand.…

Can Laos Create a Startup Economy?

Last week, the usually sleepy capital of Vientiane was awoken amidst the commotion and hustle bustle of the 29th ASEAN Summit. Within four days, the Lao People’s Democratic Republic had hosted a flurry of official meetings, negotiations, and historic agreements, such as President Barack Obama’s pledge of $90 million to …