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...

Panama Epidemic Invades Banana Crops in Laos

A team of researchers from Bioversity International in collaboration with local experts, have recently reported that the popular Cavendish banana grown in Laos, has been infected...

Laos-China Ties Flourish

With 70 percent of Beerlao’s exports going to China, it is evident that Laos and China have bolstered ties all across the board. In 2011,...

Nam Ou 3 Dam Eliminates River Cruises

On Monday, November 20, a river cruise option popular amongst tourists and locals on the Nam Ou River in Laos, was officially cancelled  as...

China Invests in Lao Students

With China and Laos’ bilateral ties proving to be stronger than ever, China has opened its borders to hundreds of Lao students through scholarships,...

Officials say Visit Laos-China Year 2019 Likely to Happen

With Visit Laos Year 2018 officially launched, talks of possibly introducing a Visit Laos-China Year 2019 have arose. A minister has confirmed that Lao officials have...

City 2 Launches Public Transportation Trial Run

The Vientiane State Bus Enterprise (VSBE) will be initiating a trial run of their bus line running between Lao-ITECC and Talat Sao this week....