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Group Lease PCL Q2 Profits Nearly Doubles from Last Year

Thanks to very strong performance both in Thailand and particularly in Cambodia and Laos, SET-listed digital finance firm Group Lease Public Company Limited (“GL”, SET:GL) has reported a staggering 255.85 million baht profit in the second quarter this year which nearly doubles from the same period last year.…

The Rise, Fall and Possible Renewal of Boten

BOTEN, Laos — For five years, this remote town on the China-Laos border has lived in the shadow of more prosperous times. On the main street, weeds grow where bustling shops and restaurants once stood. Old nightclub signs blister and peel in the tropical climate. Around town, abandoned multistory hotels …

The First Botanical Garden in Laos Opening in November

Pha Tad Ke Botanical Garden is opening to the public on November 1st 2016. Founded by curator and publisher, Rik Gadella, Pha Tad Ke is located in Luang Prabang and is the first garden of its kind in Laos.…

Kyochon Chicken Plans to Expand to Laos Within Next 5 Years

KYOCHON Chicken, a South Korea-based fried-chicken restaurant chain, has set a five-year business plan to penetrate Thailand, Cambodia, Myanmar and Laos.…

China Gezhouba Group Signs Deal to Construct 35-MW Xelanong 2 Hydropower Project In Laos

The China Gezhouba Group Corp. has signed an agreement with the Laotian government to develop a 35 MW hydroelectric plant in Laos’ southern Salavan province, according to reports from state news sources.…

Australia Supports Lao Business Reform

Australia’s Minister for Trade, Tourism and Investment, Mr Steven Ciobo has announced an additional AUD$4.1 million (almost 25 billion kip) of Australian assistance to help improve the business environment in Laos.…

Lao-Thai Joint Venture Given Insurance Licence In Laos

ST-MUANG THAI Insurance Company (ST-MTI), a joint venture between Muang Thai Group and ST Group Co, has acquired its official licence to operate in Laos, selling both life and non-life policies.…

Lao Trade Official Rejects IMF View That Currency Is Too Strong

Laos’ currency is not overvalued, a trade ministry official said on Saturday, rejecting an IMF assessment that the kip was too strong for a country with a large current account deficit.…