Laos and China have launched a new digital payment link that allows Chinese visitors to pay Lao businesses using China’s digital yuan, without needing to exchange cash into Lao kip.
The system connects China’s digital yuan, known as e-CNY, with Laos’ domestic QR payment network. A Chinese visitor can now...
Switzerland has agreed to contribute US$18 million to help Laos reduce poverty and achieve the targets set in the National Socio-Economic Plan.
A grant agreement...