Business

Laos Studies USD 1 Billion Vientiane-Lidu Industrial Park in Pakngum

On 13 August, Laos agreed to study the development of a new industrial park in Vientiane, with the proposed project expected to attract around USD 1 billion in investment. The feasibility study for the Vientiane-Lidu Industrial Park will cover 307 hectares across four villages in Pakngum district and is expected...

Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...

Lao Authorities, Lao Bank Seek Legal Action Against Thai Media Over Money Laundering Claims

On 31 July, Lao authorities and Lao Development Bank (LDB) met with Thailand's Central...

Chinese Commerce Chamber Urges Businesses in Laos to Cut Ties with Scam Networks

The General Chinese Chamber of Commerce in Laos has told its members to check...

Laos Inflation Edges Up in July, Electricity Prices Surge 91.5% Year-on-Year

Electricity prices jumped 91.5 percent in July compared to the same month last year,...

Foodpanda to Cease Operations in Thailand, Parent Company Announces

Foodpanda will cease its operations in the country on 23 May, its German parent company Delivery Hero announced on 23 April.  The decision is a...

Lao Deputy Calls for Climate, Trade Cooperation

Laos’ Deputy Minister of Foreign Affairs Maithong Thammavongsa reaffirmed Laos’ commitment to strengthening regional cooperation and accelerating climate action at the 81st session of...

Vietnam to Export Power to Singapore, Malaysia; Import More from Laos, China

Vietnam has revised its national power plan as it pushes for double-digit economic growth between 2026 and 2030. The country now aims to significantly...

ASEAN Economic Ministers Say No to Retaliation in Response to US Tariffs

Ministries from the Association of Southeast Asian Nations (ASEAN) expressed "deep concern" over unilateral tariffs introduced by the United States.  The statement, adopted during their...

Beerlao Earns Top Honors at Monde Selection Awards

Lao Brewery Company (LBC) has earned international acclaim after its flagship beers, Beerlao Lager and Beerlao Green, won Gold Quality Awards at the 64th...

Laos Exports Farm-Raised Pangasius to China in Milestone Aquatic Trade Deal

Laos has successfully exported its first-ever shipment of farm-raised freshwater pangasius fish to China, marking a historic milestone for the country’s aquatic industry. The shipment...