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...

New Range Rover SV 23MY Sees Grand Launch in Laos

In a highly-anticipated event that exuded opulence and innovation, Lao Land Rover unveiled the new Range Rover SV 2023 on Wednesday, 30 August. The...

Lao Govt Launches State-Owned Company to Boost Liquidity of Financial Institutions

The Lao government is bolstering the financial stability of commercial banks and financial institutions by creating a state-owned entity, the Debt and Asset Administration...

Houaphanh Authorities Halt Unregulated Production of Bamboo Shoots

The Office of Agriculture and Ministry in Aed District, Houaphanh Province, issued a notice on 23 August to curb the unregulated production of bamboo...

Sekong Province to Improve Facilities Near Tad Fai Mai Waterfall for Visit Laos Year 2024

Sekong provincial authorities are planning to upgrade the tourism infrastructure and provide better facilities at Tad Fai Mai waterfall to welcome more tourists next...

Wattay International Airport to Open New Buffet Restaurant Offering Lao Cuisine

The Wattay International Airport in Vientiane Capital will soon see the opening of a new all-you-can-eat restaurant and a host of shops selling Lao...

Inflation Rate Drops Slightly in August, But Worries Still Cloud Lao Economy

The country recorded an inflation rate of 25.88 percent in August, a slight decrease from July's rate of 27.80 percent, as per information from...