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Saturday, December 28, 2024
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Business

Laos, China Launch QR Payment System for Cashless Tourism

Traveling between Laos and China is now easier with a QR payment system that enables tourists to make cashless transactions. Chinese visitors can already use QR codes, with plans for Laotian travelers to follow. On 19 December, the Lao National Payment Network Company Limited (LAPNet) and China’s UnionPay International (UPI)...

Seno Grilled Chicken Earns Official Recognition as Savannakhet’s New Symbol

On 12 December, Seno Grilled Chicken was officially recognized by Savannakhet authorities, becoming a...

K-pop Star Hoshi Donates USD 70,000 to Upgrade Lao Orphanage School

Kwon Soon Young, known as Hoshi, a member of the popular K-pop group Seventeen...

Japan Step Up to Provide Emergency to Provide Emergency Food Stocks For Targeted Relief Efforts

The Embassy of Japan signed an agreement on critical support to Lao’s disaster relief...

Chinese Firm to Invest USD 600 Million in Pomelo Production in Laos

A Chinese firm has announced plans to invest USD 600 million in pomelo cultivation...

Vientiane Province’s Checkpoint Upgraded to International Status

The Ban Vang Local Checkpoint has been officially upgraded to an international border checkpoint, connecting Laos's Vientiane Province to Thailand's Loei Province. This development...

New Building at Mahosot Hospital Opens, Marks Laos-China Cooperation Milestone

A ceremony to inaugurate the new building at Mahosot Hospital took place on 12 October, attended by Prime Minister Sonexay Siphandone of Laos and...

Capital Links Forum Highlights Opportunities, Barriers to Investment in Laos

On 11 October, Laos hosted the "Capital Links Forum" at the Souphattra Hotel in Vientiane, bringing together financial institutions, investors, policymakers, and fintech innovators....

Laos, Thailand Set Sights on USD 11 Billion Trade Goal by 2025

Laos and Thailand held an economic and trade cooperation talk during the 24th Economic Community Council Meeting on 7 October in Vientiane Capital, aiming...

Laos Launches Unified Foreign Exchange Market

On 6 October, the Bank of Laos (BOL) officially partnered with 11 commercial banks to launch the Lao Foreign Exchange Market Company Limited, an...

Laos and South Korea Deepen Agricultural Cooperation in Key Areas

Laos and South Korea have strengthened agricultural cooperation, focusing on modernizing Laos’s farming sector and boosting ties within ASEAN. On 30 October, South Korea’s Minister...