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...

Amata City Lao Receives THB 150 Million Loan to Develop Smart City in Northern Laos

Amata City Lao Company, a subsidiary of the Thai Real Estate company AMATA Group in Laos, secured THB 150 million (about USD 4.2 million)...

Laos to Receive THB 1.8 Billion Loan From Thailand to Develop Khamsavath Station in Vientiane Capital

Laos is likely to receive a loan worth THB 1.8 billion (around USD 51 million) from Thailand to develop the Khamsavath Station in Vientiane...

Thai Airways to Restart Direct Flights Between Vientiane and Bangkok This Month

Thailand's flag carrier has announced that it will resume direct flights between Wattay International Airport in Vientiane Capital, Laos, and Suvarnabhumi Airport in Bangkok,...

Laos Sees Highest Trade Deficit of 2023 in July at USD 166 Million

Laos’ imports and exports totaled over USD 1 billion in July; exports were valued at USD 429 million, while imports were approximately USD 595...

Lao Households Struggle to Make Ends Meet Amid Economic Woes

Lao families are struggling to cope with increasing financial pressures as living costs continue to rise due to the depreciation of the local currency,...

Viral Job Ad Highlights Employment Discrimination in Laos

A job advert that went viral on social media this week highlights gaps in laws on employment discrimination in Laos, after an employer posted...