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...

Laos, China Approve Seven New Development Projects Worth USD 3.31 Million

Laos has secured seven new development projects worth USD3.31 million under the Mekong–Lancang Special Fund for 2026, as it deepens cooperation with China on...

Lower Fuel Prices Bring Relief, But Many Eye EVs as Living Costs Rise

UPDATED on 12 June at 11PM with a correction on the number of provinces covered by EV stations Fuel prices in Laos have declined steadily...

‘Hidden Hands’ Cave Opens as New Tourism Site in Khammouane

On 8 June, authorities in Khammouane Province have officially opened Hidden Hands Cave (Tham Pha Mue) to visitors, marking the launch of a new...

Vang Vieng Gears Up for USD-216M Tourism Overhaul as Old Airport Transforms

Preparations are underway for a USD 216 million tourism complex at the old airfield in Vang Vieng. Lao Yijin Group Co., Ltd. is leading the...

Bank of Laos Responds to EU Sanctions Against Lao Bank

The Bank of Laos (BOL) has publicly addressed European Union (EU) sanctions imposed on the Joint Development Bank (JDB), which threatened the bank’s international...

European Union Sanctions Lao Bank JDB Over Alleged Russia Ties

The European Union has sanctioned the Lao-based Joint Development Bank (JDB), marking the first time the bloc has targeted a Lao financial institution as...