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...

Laos-China Railway Purchases New Train to Boost Passenger Travel

Laos-China Railway Company has purchased a new electric multiple-unit (EMU) train, which will be delivered today, to support domestic and international tourist demand. “A new...

Lao Agriculture Ministry Proposes Ban on Imports of Certain Vegetables, Pork, Beef, and Fish

The Ministry of Agriculture and Forestry (MOAF) proposed a ban on imports of certain vegetables and other agricultural products to boost domestic production and...

PM Sonexay Urges Businesses to Increase Agricultural Production and Reduce Imports

Prime Minister Sonexay Siphandone held a meeting with the Ministry of Agriculture and Forestry and relevant businesses in Vientiane Capital on Friday, 15 September,...

Vientiane Capital Speeds Up Preparations for ASEAN Chairmanship and Visit Laos Year 2024

The Department of Information, Culture, and Tourism of Vientiane Capital is expediting its preparations to welcome a higher influx of foreign visitors during Laos'...

Lao Government Allocates LAK 4.5 Trillion to Boost Domestic Production and Stimulate Economic Growth

In a move to increase domestic production and counter ongoing economic challenges, the Bank of Lao PDR (BOL) has allocated LAK 4.5 trillion toward...

Authorities Destroy LAK 76 Million Worth of Illegally Imported Pork, Buffalo Skin in Vientiane

Vientiane officials destroyed 4,405 kg of illegally imported buffalo skin and pork products worth nearly LAK 76 million at a disposal site on 11...