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...

LOCA PAY Set to Transform Tourist Payments for Visit Laos Year 2024

As Laos prepares for the "Visit Laos Year 2024" and its prestigious ASEAN Chairmanship, LOCA, the preeminent eco-friendly ride-hailing network in the country, is...

Tour Operator Focus Asia Under Fire for Unpaid Debts to Luxury Hotels in Laos

UPDATED on 26 January at 4:36 PM (GMT+7) Luxury hotels and resorts in Laos, particularly in Luang Prabang Province, are raising concerns over tens of...

Vehicles Queue Up at Petrol Stations as Vientiane Residents Fear Upcoming Fuel Shortage

UPDATED January 24, 11:00 am Over the weekend, Vientiane Capital started experiencing an increase in the number of vehicles lining up at petrol stations, raising worries...

ASEAN Nears 35 Percent Renewable Energy Target

Solar and wind energy capacity in the Association of Southeast Asian Nations (ASEAN) region witnessed a 20 percent increase in 2023, reaching a total...

Laos Enhances Business Infrastructure With Streamlined Approval Process

In a move to foster a more conducive business investment environment, the Lao government has approved a new regulation set to slash the registration...

Laos Partners with Chinese Firm for Tech Advancement in Mineral Exploration, Environmental Management

The Lao government has joined forces with a Chinese firm to revolutionize mineral exploration, natural resource mapping, urban planning, and environmental management across Laos. On...