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Tuesday, October 28, 2025
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Business

Bank of Laos Targets Stronger Oversight, Digital Banking, Regional Connectivity in New Five-Year Strategy

The Bank of Laos (BOL) has unveiled a new five-year plan (2026–2030) aimed at strengthening the national financial system and ensuring long-term monetary stability. During the bank’s Fifth Party Congress held on 26 October at the Banking Institute Conference Hall in Vientiane, Bounkham Vorachit, Secretary of the Party Committee and...

Lao Green Business Forum 2025 sets vision for Laos as ASEAN’s future Green Business Hub

The Lao Green Business Forum 2025 marked a pivotal step in Laos’s journey toward...

Young Barista Crowned at First International Coffee, Tea Day in Luang Prabang, to Compete in South Korea

From 3 to 5 October, Luang Prabang hosted the International Coffee and Tea Day...

Laos Opens New Fuel Import Route via Vietnam to Boost Northern Energy Supply

On 4 October, the Lao Petroleum Authority (LPA) officially opened a new fuel import...

Historic First U.S.-Lao Business Roundtable Strengthens Trade and Investment Ties

On 29 September, Washington, D.C., hosted the first-ever U.S.-Lao Business Roundtable, bringing Prime Minister...

Mobile Phones Fuel Surge in Savings: What the Global Trend Means for Laos

More adults than ever in low- and middle-income countries now have bank or other financial accounts, leading to a rise in formal saving, according...

Vietnamese Company to Grow Coffee, Durian, Blueberries in Pakxong

On 16 July, Champasak Province signed a land concession agreement with Lao-Viet Agriculture Company Limited, allowing the company to farm coffee, durian, and blueberries...

Laos Launches Climate-Smart Farming Project in Six Provinces

Laos is stepping up efforts to tackle climate-related food insecurity and open new export opportunities, with USD 68.5 million in support from the Asian...

Laos-China Railway Hits New Milestone as Cargo Value Soars Past USD 1.4 Billion

The Laos-China Railway has notched up another milestone in its rapid expansion, transporting more than 2.48 million tones of goods worth over CNY 10 billion...

Laos Proposes Tax Relief for Small Businesses Under Revised Income Tax Law

On 24 June, Laos proposed amending the Income Tax Law to exempt unprofitable small businesses from taxes, aiming to ease their burden and improve...

Oil Prices Spike After United States Strikes on Iran Nuclear Sites

AFP - Oil prices surged in early trade Monday on concerns of disruption to energy markets after US air strikes on Iran’s nuclear facilities. Asian...