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 Government Tackles Trade Challenges

Lao government has identified common challenges in foreign trade and is taking measures to further facilitate trade, the Ministry of Industry and Commerce said. Representatives...

Laos, Malaysia and Thailand Kick Off ASEAN Multilateral Power Trading

KUALA LUMPUR -- Laos, Malaysia and Thailand on Wednesday have inked an agreement that paves the way for multilateral trade in electric power by...

Malaysia to Buy Power From Laos Via Thai Power Grid

VIENTIANE - Thailand and Malaysia concluded a deal on Wednesday which will see Malaysia buy 100 MW of electricity from Laos via Thailand's power...

Malaysia Can Buy Up to 100MW of Hydropower From Laos By 2018

The governments of Malaysia, Thailand and Laos signed a memorandum of understanding (MoU) today to facilitate the implementation of cross-border multilateral power trade of...

Migrants From Laos Experience Smoother Assimilation Into Thai Society

Migrant workers from Laos tend to assimilate better into Thai society than their counterparts from Myanmar and Cambodia, mainly due to similarities in language, lifestyle...

Laos-China Railway Construction to Begin in December

Construction of a historic railway linking Lao capital Vientiane to the Chinese border over a distance of 427 km is expected to begin in...