Economy

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 the nationwide overstay rate reaches 70 percent, under new rules introduced as the country expands overseas job opportunities. A provincial overstay rate above 20 percent will trigger a one-year suspension of visa issuance for Bolikhamxay Province,...

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’s AIS Plans USD 43.35 Million Investment in Lao Telecom

Thailand’s mobile operator AIS plans to invest USD 43.35 million in Lao Telecom, one...

More Lao Citizens Live Abroad as Foreign Population Nearly Doubles

The number of foreign nationals living in Laos has nearly doubled over the past...

Lao Enterprises Seek Greater Access to Chinese Market

Lao associations of furniture, rice mill and coffee have shared experiences on promoting exports of Lao commodities to China, Lao state-run news agency KPL...

Official: Vietnam to Continue Import of Electricity From China and Laos

Vietnam will continue to import 2 percent of its electricity demand from China and Laos in the coming years, according to an official of...

Growth Prospects Buoyant for Laos Up to 2018

  VIENTIANE -- Laos' economic growth is to remain robust through 2016 up to 2018, the World Bank has said. Economic growth in Laos is projected...

Lao Mills Need to Improve Rice Quality For Exports to China

VIENTIANE -- Lao officials said the country's mills need to improve rice quality as to meet the needs for exports to China, Lao daily...

Laos Seeks Help From Indian Tea Expertise

Calcutta - The Laos government has sought help from the Indian tea industry to promote the tea grown in that country. "Indian tea is famous across...

Myanmar Likely to Join Asean Power Grid

MYANMAR is likely to be the fifth Asean country to sign up for the Asean Power Grid formed by Laos, Thailand, Malaysia and Singapore,...