Laos has received a credit rating upgrade after issuing a USD 500 million international bond and signing a tax agreement with Hong Kong aimed at reducing costs for cross-border investors.
On 29 October, S&P Global Ratings upgraded Laos’s long-term credit rating from CCC+ to B-, with a stable outlook, indicating...
Over 700 million liters of fuel is smuggled into Laos every year according to Prime Minister Phankham Viphavanh.
Vientiane Times reports that the Prime Minister...