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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...
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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...
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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...
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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,...
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Laos Opens New Route for Businesses to Protect Product Designs Abroad

From 14 October, Lao designers and businesses will be able to protect the look of their products in multiple countries through a single application...

Laos Formalizes Shanghai Cooperation Organization Dialogue Partner Status

Laos has strengthened its regional ties after formally confirming its status as a Dialogue Partner of the Shanghai Cooperation Organization (SCO), signing an agreement...

Railway Expansion, Education Reform Among Key Issues at National Assembly

Expanding the railway to southern Laos, rolling out a new school system, reducing poverty, and improving roads and water supply were among the key...

Former EDL Executives, Senior Officials Get Life in Landmark Laos Corruption Cases

On 1 July, the Vientiane Capital People’s Court announced verdicts in four major corruption cases involving 17 defendants, among them former senior government officials,...

China-Laos Low-Carbon Project Expected to Cut Emissions by More Than 1,200 Tons Annually

The Vientiane-Saysettha Low-Carbon Demonstration Zone is expected to reduce carbon emissions by more than 1,200 tons annually through a range of clean energy and...

Laos Raises Tax-Free Income Threshold Under New Personal Income Tax Rules

Laos has officially raised the monthly income exempt from personal income tax from LAK 1.3 million (USD 58.8) to LAK 2.5 million (USD 113.5),...
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