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...

Lao Ministry Urges Phone Users to Register their Numbers by December 16 or Face Fines

The Ministry of Technology and Communications (MOTC) office in Laos issued a notice on Thursday, stating that all phone numbers across the country must...

Lao-American Restaurant Owner Ready to Start Over After Racist Allegations Forced Shutdown

After false allegations against David Rasavong and his Fresno, California-based restaurant Tasty Thai caused the business to shut down in May, the owner is...

First 7-Eleven Store in Laos is Now Open for Service in Vientiane Capital

The first 7-Eleven store in Laos officially opened its doors to customers on Thursday, 7 September. The convenience store is located at Souphanouvong Road,...

BOL to Issue Third Phase of Government Bonds Worth LAK 3 Trillion

The Bank of Lao PDR (BOL) announced on Tuesday that it will issue the third phase of its government bonds, worth LAK 3 trillion...

Lao PM Attends 43rd ASEAN Summit, Calls for Business-Friendly Environment in Region

Lao Prime Minister Sonexay Siphandone along with other high-ranking delegates arrived on Monday in Jakarta, Indonesia, to attend the 43rd ASEAN Summit and related...

Houaphanh Authorities Rescind Bamboo Shoots Harvesting Ban

The Aed District Governor in Houaphanh Province has rescinded the ban on the harvesting of bamboo shoots within the district, which was issued by...