Business

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 country gets ready to graduate from least developed country (LDC) status and lose some of its duty-free trade benefits. A new USD 5 million project aims to help businesses stay competitive by cutting paperwork, speeding up...

Vientiane’s Shared E-Bikes Return Amid Parking, Licensing Concerns

Red electric bikes bearing the “Laos Shared E-Bike” logo have reappeared across Vientiane, raising...

Laos, Vietnam Restart USD 492M Potash Project in Khammouane

A USD 492 million potash mining and processing project in Khammouane is moving forward...

Laos Shifts Tourism Licensing Powers to Provincial, District Authorities

Laos is revising how tourism business licences are issued and enforced, dividing responsibilities among...

Laos to Reopen Applications for Non-Bank Financial Institutions by End of 2026

The Lao central bank plans to resume accepting applications to establish new non-bank financial...

Refinitiv Announces Winners of 2022 Thailand FX Awards

BANGKOK, THAILAND - Media OutReach - 5 April 2022 - Refinitiv, an LSEG business, has announced the winners of its FX Trading...

ADB: Laos Has Reformed Business Development, But More Needs To Be Done

Laos' regulatory environment for business development has improved, but more must be done to speed up the country's economic recovery. A new joint report by...

100 Young and Bright ‘Chen Zhi Scholarship’ Students Selected to Pursue Tertiary Education

Awardees expected to help Cambodia work towards achieving a sustainable futurePHNOM PENH, CAMBODIA - Media OutReach - 5 April 2022 - Prince Foundation,...

Feasibility Study Underway for Vientiane to Houaphanh Expressway

An expressway linking Vientiane Capital with Houaphanh Province is closer to reality after a feasibility study for the project was announced yesterday. A signing ceremony...

City Chain Launches Limited Edition Dragon Ball Z Themed Solvil et Titus Timepieces

Swiss-Hong Kong watchmaker Solvil et Titus and classic anime and manga series “Dragon Ball Z” have announced a new collaboration consisting of 7 Dragon...

Razer Merchant Services Leverages Alipay+ to Expand Merchant Cross-Border Payment Offerings As Malaysian Borders Reopen

The collaboration will enable merchants in Malaysia and Singapore to accept more cross-border mobile payments seamlessly and access users of leading global digital payment...