Business

Laos, Russian Region of Tatarstan Discuss New Trade Opportunities

Russia’s Republic of Tatarstan wants to expand trade and investment with Laos, with the region’s official media describing current economic ties as “practically absent” during a two-day visit by its head to Vientiane on 4 and 5 November. Tatarstan's head Rustam Minnikhanov met Lao Prime Minister Saleumxay Kommasith on 5...

Laos’s Credit Rating Upgraded After Bond Sale, Hong Kong Tax Pact

Laos has received a credit rating upgrade after issuing a USD 500 million international...

Laos Eyes 500MW Renewable Electricity Export to Singapore

Laos is eyeing a major expansion of its clean energy exports following a proposed...

Laos Links South Korea Work Visas to Overstay Rates as Program Expands

Laos will suspend access to South Korea’s seasonal work program for 3 years if...

Laos Targets Faster Border Checks in USD 5 Million Trade Project

Laos is preparing local businesses for higher costs when selling goods abroad, as the...

Chinese Firm to Invest USD 600 Million in Pomelo Production in Laos

A Chinese firm has announced plans to invest USD 600 million in pomelo cultivation and processing in Laos, aiming to strengthen agricultural exports and...

Lao Bullion Bank Officially Opens Its First Financial Institution in Laos

On 3 December, a ceremony was held to celebrate the official launch of Lao Bullion Bank at the office building in Ban Phonxay, Xaysettha...

Laos to Enforce Graphic Health Warnings on Cigarette Packs

Laos is set to implement redesigned cigarette packs featuring large graphic health warnings to reduce smoking rates and deter tobacco use, becoming the third...

Government Issues Regulation to Prevent Hoard Goods, Raise Prices During the New Year

On 29 November, the Lao Ministry of Industry and Commerce issued an official announcement to ensure fair business practices and protect consumers during the...

French Ambassador Visits Holiday Inn Vientiane to Explore Schneider Electric’s Energy Solutions

French Ambassador to Laos, Siv Leng Chhuor, visited the Holiday Inn & Suites Vientiane, an InterContinental Hotels Group (IHG) property, on 28 November to...

Laos Earns Over 200 ASEAN Tourism Awards, Global Acclaim

Laos continues to shine on the global tourism stage, earning 219 ASEAN Tourism Standards Awards for its dedication to sustainability and exceptional travel experiences.  On...