Business

Laos Studies USD 1 Billion Vientiane-Lidu Industrial Park in Pakngum

On 13 August, Laos agreed to study the development of a new industrial park in Vientiane, with the proposed project expected to attract around USD 1 billion in investment. The feasibility study for the Vientiane-Lidu Industrial Park will cover 307 hectares across four villages in Pakngum district and is expected...

Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...

Lao Authorities, Lao Bank Seek Legal Action Against Thai Media Over Money Laundering Claims

On 31 July, Lao authorities and Lao Development Bank (LDB) met with Thailand's Central...

Chinese Commerce Chamber Urges Businesses in Laos to Cut Ties with Scam Networks

The General Chinese Chamber of Commerce in Laos has told its members to check...

Laos Inflation Edges Up in July, Electricity Prices Surge 91.5% Year-on-Year

Electricity prices jumped 91.5 percent in July compared to the same month last year,...

European Union Sanctions Lao Bank JDB Over Alleged Russia Ties

The European Union has sanctioned the Lao-based Joint Development Bank (JDB), marking the first time the bloc has targeted a Lao financial institution as...

Bank of Laos Maintains 7-Day Base Interest Rate at 8% Amid Rising Inflation

The Bank of Laos (BOL) confirmed it will maintain its 7-day base interest rate at 8 percent per annum following a half-day Monetary Policy...

Attapeu Approves Durian Plantation Project Across 528 Hectares

Attapeu province has granted six private companies permission to develop a durian plantation spanning more than 528 hectares in Sanamxay district. The agreements, signed on...

Vietnam Invests USD 50 Million in Major Coffee Project in Southern Laos

A new Vietnamese investment in southern Laos will bring a large-scale coffee plantation and processing project to Champasak province, further expanding foreign agricultural investment...

Laos Signs Deal for Industrial Estate Near Vientiane

Laos has moved forward with plans for a new industrial estate near Vientiane as part of a broader push to expand manufacturing and attract...

China to Tighten Control Over Micro-Drama Content

China is stepping up regulation of micro-dramas, with new measures introduced on 2 May targeting content that often features rich–poor romance storylines and dramatic...