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Saturday, November 15, 2025
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Business

Lao State Fuel Company Set to Transform into Public–Private Joint Venture

The Lao government is moving to restructure the Lao State Fuel Company (LSFC) into a public–private joint venture as part of its broader overhaul of major state-owned enterprises, according to a report presented to the National Assembly on 13 November. Officials detailed the reform plan during the 10th Ordinary Session...

Thailand to End Tax Exemption on Low-Value Online Imports from January 2026

Thailand is set to eliminate its tax exemption for low-value online purchases starting January...

Lao Government Keeps Majority in Lao Airlines as COMAC Takes 49% Stake

On 10 November, the Lao government confirmed an agreement with the Chinese state-owned aircraft...

National Assembly Advances Dialogue on Sustainable Health Financing in Laos

The National Assembly of Laos has convened the second in a national series of...

ASEAN SOAR Together Empowers MSMEs with Digital Boost at ABIS 2025

On 31 October, the ASEAN Foundation, in partnership with TikTok Shop and the ASEAN...

Four Thai Bank Branches Discontinue Services in Laos

The Deposit Protection Office (DPO) of the Bank of Lao PDR announced this month that four Thai commercial bank branches in Laos have voluntarily...

Lao Central Bank Issues Statement to Clarify False Foreign Account Claims

The Bank of Lao PDR (BOL) has issued a statement to dismiss false claims circulating online that suggest foreign currency bank account holders may...

Laos, Cambodia Launch Cross-Border QR Code Payment System

The 13th multilateral meeting between the Bank of Laos and the National Bank of Cambodia was held in Vientiane Capital last Friday to discuss...

Lao Govt Issues Loan Policy of USD 128 Million to Boost Economy

The government of Laos has rolled out a credit policy of about LAK 2.5 trillion (USD 128 million) for some industries to enhance the...

Laos Conducts Trial of Digital Kip And Launches QR Payment with Cambodian Bank

Keen on digitally transforming the country's economy and banking systems, the Bank of Lao PDR (BOL) successfully trialed the “Digital Lao Kip,” and implemented...

Laos-China Railway to Increase Ticket Prices by 20 Percent This Year

The Laos-China Railway Company has proposed to the Lao government to increase the price of train tickets this year, due to considerable exchange rate...