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...

Employers Advised to Adopt Fair Exchange Rates for Salaries, Wages Starting 1 October

UPDATED on 4 September at 2:01 PM Starting 1 October, all organizations and companies in Laos that define salaries in foreign currencies and pay their...

Cambodia to Sign Double Taxation Agreements with Laos, Philippines

Cambodia is set to sign double taxation agreements (DTAs) with Laos and the Philippines, following the completion of essential technical procedures, according to Cambodian...

Laos, Vietnam to Introduce Kip-Dong Cross-Border Payment System

Laos and Vietnam are set to Launch a new payment system enabling direct trade transactions in kip and dong currencies. Starting in September, the...

First Cold-Chain Train Connects Yunnan with Vientiane

China has introduced its first refrigerated freight train service from Yunnan Province to Laos via the Lao-China Railway, marking a significant step in enhancing...

Laos Faces USD 154 Million Trade Deficit in July, Seventh Consecutive Month of Imbalance

Laos recorded a USD 154 million trade deficit in July, marking its seventh consecutive month of trade imbalances. According to the Trade Information Center...

New Phase Boosts Laos-China Clean Energy Project

To advance regional clean energy collaboration, Laos and CGI Energy Technology Co., Ltd. have signed an agreement to launch Phase II of the Northern...