Economy

Laos Orders Local Trade Offices to Stop Restricting Business Competition

The Ministry of Industry and Commerce has ordered trade offices nationwide to stop imposing measures that restrict business competition or obstruct the movement of goods. Issued on 28 October, the order took effect immediately and applies to industry and commerce departments in Vientiane Capital and all provinces, as well as...

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,...

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 Bans Money Bouquets, Crafts Made From Kip Banknotes

Laos has banned the production, sale, and advertising of crafts made from kip banknotes,...

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...

Thailand Visa Applicants Beware: Fortnight Wait As Consulate Appointment Bookings Bank Up in VTE

Foreign nationals seeking visas to ever-popular Thailand for residence or travel can expect waits of up to two weeks for appointments for visa application...

Cabinet Strengthens Gov Agencies Leeway To Act on Land Concessions

Land Concessions, giving development and usage rights to various individuals and corporate domestic and international investors, has long been considered one of the critical levers to...

E-Commerce Benefits Require Access, Digital Connectivity At Right Cost in Laos

Barriers such as costs and strength of connectivity, infrastructure, facilitation must be overcome so ongoing development of e-Commerce in Laos can assist more women, small firms,...

Journey From Resource Exploitation To Knowledge Economy A Long, Necessary Road in Laos

OPINION: What are you going to do when you grow up? It's a question relevant to socio-economics as well as people as policymakers discuss "Vision...

Starting A New Business In Laos? Regulated Sector List Worth Perusing

Engaging on a new business venture is serious and potentially stressful business at the best of times, but a new list with information on regulated...

Cuba’s President Diaz-Canel Takes East Asia Solidarity Tour to Laos

Geographically distant but with a shared solidarity born of shared experiences of struggles for independence against colonial and imperial domination and sharing similar Marxist-Leninist institutions of...