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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 Eyes 500MW Renewable Electricity Export to Singapore

Laos is eyeing a major expansion of its clean energy exports following a proposed...
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Laos Orders Local Trade Offices to Stop Restricting Business Competition

The Ministry of Industry and Commerce has ordered trade offices nationwide to stop imposing...
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Laos Inflation Eases to 7.7 Percent as Electricity Costs Remain High

Laos’ inflation edged down to 7.7 percent in October from 7.8 percent in September,...
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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...
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Laos to Graduate from Least Developed Country Status

The United Nations General Assembly has adopted a resolution that will see the graduation of Laos from the least developed country category. Laos, along with...

Bank of Laos Orders Phousy Group Suspend Welnance Cryptocurrency Operations

The Bank of Laos has ordered Phousy Group to cease operations of its Cryptocurrency exchange known as Welnance. According to a notice issued yesterday by...

Chinese Private Security Firm Provides Security Services Along Laos-China Railway

A private security firm based in China has won the contract to provide security services for the Vientiane to Boten section of the Laos-China...

Vientiane Capital to Redevelop Canal Behind Mahosot Hospital

Authorities in Vientiane Capital are to redevelop the Don Chan drainage canal behind Masot Hospital and transform it into a clean and attractive area. The...

Laos to See Mineral Earnings of USD 463 Million in Fourth Quarter

Laos expects to earn USD 463 million in the final quarter of this year from mineral sales both domestically and for export, after earning...

Government to Spend Over USD 100 Million to Boost Domestic Production in Laos

The government of Laos plans to spend over USD 100 million to promote domestic production in the country and boost exports. A loan from China's...
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