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...

Bank of Laos Maintains 7-Day Base Interest Rate at 8% Amid Rising Inflation

The Bank of Laos (BOL) confirmed it will maintain its 7-day base interest rate at 8 percent per annum following a half-day Monetary Policy...

Attapeu Approves Durian Plantation Project Across 528 Hectares

Attapeu province has granted six private companies permission to develop a durian plantation spanning more than 528 hectares in Sanamxay district. The agreements, signed on...

Vietnam Invests USD 50 Million in Major Coffee Project in Southern Laos

A new Vietnamese investment in southern Laos will bring a large-scale coffee plantation and processing project to Champasak province, further expanding foreign agricultural investment...

Laos Signs Deal for Industrial Estate Near Vientiane

Laos has moved forward with plans for a new industrial estate near Vientiane as part of a broader push to expand manufacturing and attract...

China to Tighten Control Over Micro-Drama Content

China is stepping up regulation of micro-dramas, with new measures introduced on 2 May targeting content that often features rich–poor romance storylines and dramatic...

Laos Inflation Rises to 10.2% in April as Fuel and Household Costs Climb

Laos continues to face pressure from inflation as the inflation rate stood at 10.2 percent in April, according to the Lao Statistics Bureau. The figure...