Laos
Laos joins Cambodia in developing state-backed digital currency
Laos is adapting Cambodia‘s concept of introducing a government-backed cryptocurrency, the Japanese fintech involved last year in the creation of Cambodia’s digital money called...
Laos allows crypto trading and mining in first trial phase
The Lao government has authorised six companies to trade and mine cryptocurrencies in a move seen as an attempt to benefit from the crackdown...
Transport and delivery startup from Laos attracts international attention
Loca uses the Bajaj Qute for affordable taxi services, among other brands
A ride-hailing startup founded and based...
Laos to test high-speed railway in August
Public service on the new track starts in December
Laos plans to conduct the first test on the...
Mitsubishi to invest in Laos’ first wind farm, largest in Southeast Asia
Japan’s industry conglomerate Mitsubishi Corporation will invest in a 600-megawatt wind farm in Laos, the country’s first...
Laos-China high-speed railway track almost finished
The construction of the railway track for the Laos-China Railway project is now 80 per cent complete,...
Chinese firms seek to set up large-scale durian plantations in Laos
Chinese companies have discovered Laos as a location to set up large-scale durian plantations to grow the...
Lao economy kept together by 94% microbusinesses: survey
Snapshot from a business fair for small and micro enterprises in Vientiane, Laos in 2020
The economy of...
Laos pushes ahead with plan to build provincial smart cities
Oudomxay in northern Laos is set to become a smart city and an IT-powered logistics hub
The government...
Laos gets its first-ever expressway – and it’s a smart one
Laos saw its first expressway, the Vientiane-Vang Vieng Expressway, officially being opened on December 20.
Starbucks arrives in Laos
With the coronavirus pandemic still sweeping across Southeast Asia, US coffee house chain Starbucks is thinking a...
Laos attracting more property buyers from Asia, agency says
Construction underway in Vientiane, Laos
Laos is starting to attract a greater number of property buyers mainly from...
Laos’ sovereign debt rating now close to junk
The Lao central bank is under pressure from mounting debt
US credit rating agency Fitch Ratings has become...
Hungary launches new investment programme in Laos
The foreign ministers of Laos, Saleumxay Kommasith (left), and Hungary, Peter Szijjarto, agreed on a new development investment programme
Chinese take over Laos’ national power grid
Laos is referred to as the "battery of Southeast Asia" due to its many hydropower plants exporting electricity
Laos at risk of sovereign debt default
The China-Laos railway project, originally meant to bring economic growth, is pushing Laos deeper into debt
The small...
After Cambodia, 7-Eleven enters Laos
Laos, so far untouched by the most ubiquitous convenience store brand in Southeast Asia, will get its...
Remittances to Laos to drop by 50% amid pandemic
Remittances of overseas Lao workers to their home country are projected to decline by about 50 per...
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Thai AirAsia X files for bankruptcy protection
Thai AirAsia X, the long-haul division of the Thai unit of Malaysian budget airline AirAsia Group, has become the third airline in Thailand to...
Stories of the week
Thai Airways reports $94 million loss in first quarter despite revenue surge
Thailand’s indebted national airline Thai Airways International suffered another net loss of 3.24 billion baht ($94 million) on revenue of 11.18 billion baht ($342...