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...

Salavan, Ubon Ratchathani Provinces Agree on Cross-Border Water Transport Deal

Laos’ Salavan Province and Thailand’s Ubon Ratchathani Province have agreed to enhance cooperation on water transport, aiming to improve regional connectivity through key international...

Lao Producers Gear Up for Duty-Free Exports to UK Under New Trade Scheme

Lao food and drink producers are preparing to export their products tariff-free to the United Kingdom (UK) under the UK’s Developing Countries Trading Scheme...

China-Laos Railway Facilitates Regional Trade Surge, Handling Over 10 Million Tons of Goods

Since its launch on 3 December 2021, the China-Laos Railway has handled over 10 million tons of goods valued at CNY 40.77 billion (USD...

Indonesian President-Elect Visits Laos, Forges Stronger Bilateral, Regional Ties

Indonesian President-elect Prabowo Subianto visited Laos on 6 September and met with President Thongloun Sisoulith. The visit aimed to strengthen bilateral ties between Indonesia...

Laos, South Korea Collaborate on Direct Flight Initiative to Boost Tourism, Economic Ties

Laos is considering the introduction of direct flights from South Korea to Luang Prabang as part of the Knowledge Sharing Program (KSP). This initiative...

Monsoon Wind Power Project in Laos to Start Ahead of Schedule

The 600 MW Monsoon wind power project in Laos is set to start trial operations in late December, two months earlier than the initially...