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Tuesday, November 26, 2024
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Business

ASEAN Defense Ministers Unite in Laos for Peace and Security Talks

The 18th ASEAN Defense Ministers’ Meeting (ADMM) and the 11th ADMM-Plus successfully concluded in Vientiane, Laos, from 19 to 22 November. Held under the theme “Working Together for Peace, Security, and Strength of ASEAN.” The dialogue brought together defense ministers from ASEAN countries, Timor-Leste as an observer, and eight dialogue...

Lao Coffee: A Journey Through Flavor, Heritage

In Laos' Bolaven Plateau, Champasack Province, the air is often filled with the scent...

Laos Welcomes Over Five Million Tourists in 2024, Generating Over USD 1 Billion

Laos has recorded over five million tourists this year, exceeding expectations and generating more...

Lao National Assembly Opens 8th Ordinary Session to Address Key National Challenges

The 9th-tenure National Assembly (NA) opened its 8th Ordinary Session on 18 November in...

Lao Government Encourages Diaspora to Reconnect, Invest in Homeland

On 12 November, the Lao government hosted a meeting in Vientiane aimed at encouraging...

Laos Suspends Power Supply to Cryptocurrency Mining Businesses

Electricite du Laos (EDL) has announced that it will no longer supply electricity to cryptocurrency mining operations in Laos, citing long-term outstanding debts. The notice,...

Savannakhet Instructs All Entertainment Venues to Shut By Midnight

The Department of Information, Culture, and Tourism of Savannakhet Province announced on Tuesday that all nightclubs, karaoke bars, and entertainment venues must close their...

Four Thai Bank Branches Discontinue Services in Laos

The Deposit Protection Office (DPO) of the Bank of Lao PDR announced this month that four Thai commercial bank branches in Laos have voluntarily...

Lao Central Bank Issues Statement to Clarify False Foreign Account Claims

The Bank of Lao PDR (BOL) has issued a statement to dismiss false claims circulating online that suggest foreign currency bank account holders may...

Laos, Cambodia Launch Cross-Border QR Code Payment System

The 13th multilateral meeting between the Bank of Laos and the National Bank of Cambodia was held in Vientiane Capital last Friday to discuss...

Lao Govt Issues Loan Policy of USD 128 Million to Boost Economy

The government of Laos has rolled out a credit policy of about LAK 2.5 trillion (USD 128 million) for some industries to enhance the...