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...

Vientiane Capital Exceeds Revenue Plan for Five Consecutive Years

On 15 December, Vientiane Capital authorities reported that the capital generated state revenue above plan for five consecutive years, while the local economy recorded...

Tether, Bitqik Launch Initiative to Promote Crypto, Stablecoin Education in Laos

On 17 December, Tether, a leading company in the digital asset industry, and Bitqik, a licensed cryptocurrency exchange in Laos, announced a strategic partnership...

Lao Economy Improves but Lasting Growth Requires Sustained Reforms, Road Network Preservation

World Bank - Increased exports, foreign investment and tourism have helped Laos begin to emerge from a prolonged economic slowdown, according to a World...

Paramount Counters Netflix with Hostile Bid for Warner Bros

By Alex PIGMAN/AFP - Paramount on Monday launched an all-cash tender offer to acquire Warner Bros. Discovery, the Hollywood giant that also owns CNN,...

Lao-Thai Trade Climbs as Postal Services Move to Modernize Cross-Border Delivery

Trade between Thailand and Laos is gaining new momentum, with bilateral flows rising 8.8 percent to THB 24 billion (USD 738.5 million), according to...

Vietnam EV Maker VinFast Reports USD 900 Million Quarterly Loss

AFP - Vietnam's first homegrown electric vehicle manufacturer VinFast reported on 21 November a net loss of more than USD 900 million in the third...