Growers are using the Laos-China Railway to ship bananas from Laos to China, with the speedy means of transport ensuring that the fruit reaches its destination before overripening or going mouldy. In the past the shipment of agricultural produce was problematic because of the long time taken for trucks to make the journey to China, […]
Read MoreLaos saw an increase in inflation once again in November at 38.46 percent, according to the latest report from the Lao Statistics Bureau (LSB). November’s year-on-year inflation rate reached a new high of 38.46 percent, up from 36.75 percent in October. Most people in the country continue to be adversely affected as the cost of living rose […]
Read MoreWith an investment of over USD 18 million, the Ministry of Public Security and a private printing company have signed a memorandum of understanding to develop an electronic border pass. The project between the Ministry of Public Security and Xokphaxay Printing Company Limited will work towards transforming a regular border pass into an electronic border […]
Read MoreBanque Pour Le Commerce Exterieur Lao Public (BCEL) has announced that customers will now be able to receive international bank transfers directly into their accounts through MoneyGram. The bank’s new service will make it easier for Lao people to receive money from relatives settled abroad and it is also a boon for digital nomads who […]
Read MoreMany businesses have begun to recover since the government relaxed Covid-19 restrictions in the middle of this year and tourists began returning to Laos, according to a business representative. “At present, businesses which are doing well and growing fast are related to tourism,” the Vice President of the Lao National Chamber of Commerce and Industry, […]
Read MoreThe National Bank of Cambodia (NBC) and the Bank of the Laos P.D.R on Monday signed a Memorandum of Understanding (MoU) to develop bilateral financial innovation and payment systems in banking integration between the two countries in response to currently rising cross-border payments and transfers, said a release by NBC on Tuesday. Governor of NBC […]
Read More
Thailand
