Stocks

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 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...

Laos Economy Inches Forward as Inflation Eases in September, Exports Keep Rolling

The cost of living in Laos is still rising, but not as fast as...

Fruit of Her Labor: How a Young Farmer Is Redefining Agriculture in Laos

A young woman in Luang Prabang is proving that farming can be more than...

Laos Launches Climate-Smart Farming Project in Six Provinces

Laos is stepping up efforts to tackle climate-related food insecurity and open new export...

Oil Prices Spike After United States Strikes on Iran Nuclear Sites

AFP - Oil prices surged in early trade Monday on concerns of disruption to...

BCEL Withholds 2021 Dividends

The Banque Pour Le Commerce Exterieur Lao Public (BCEL) has announced that 2021 dividends will not be paid out to shareholders. According to a recent...

Lao Securities Exchange to Close on Dec 27-Jan 1, 2020

The Lao Securities Exchange (LSX) has announced that it will be closed from December 27 to January 1, 2020, for last three business days...

Lao Stock Exchange Resumes Trading of PCD

Lao Securities Exchange (LSX) has announced that it resumed the stock trading of Phousy Construction and Development Public Company (PCD) as of November 29....

Laos Engages International Rating Agencies for International Dollar Bond Debut

The Lao Government has engaged Standard Chartered, JP Morgan, and Credit Suisse for its planned international US dollar bond debut. In December of 2015, Laos...

Lao Asean Leasing (LALCO) Listed on Lao Securities Exchange

The Lao Securities Exchange (LSX) has launched the trading of the shares of Lao Asean Leasing Public Company (LALCO), marking the 11th company registered...

EDL-Gen Decides No Dividend Payout for First Six Months of 2019

The board of directors of EDL Generation Public Company (EDL-Gen) has decided no dividend payout after the firm reported a loss of LAK 147.15...