The e-commerce market in Laos is set to take off amidst the rapid growth of internet penetration in the region but the country still does not have laws to regulate such activities, experts have noted.Read more
The government has cleared a plan to lower its budget deficit for 2018 but it still requires more funds to repay domestic and overseas loans.Read more
Laos-based Kolao Group has become the first private company from that country to tap the Thai corporate bond market, raising US$25 million in a private placement today.Read more
Laos and Cambodia have completed the demarcation of about 87 percent of their border, the Ministry of Foreign Affairs announced during a news conference held in Vientiane to provide an explanation about the recent problem on the frontier.Read more
Laos is one of the fastest growing nations in Asia. Strong exports and a burgeoning service sector helped its economy surge by 6.8% in 2016. The Asian Development Bank predicts even faster GDP growth of more than 7% going forward.
Meanwhile, foreign investment in Laos …
A second night market at Chao Anouvong Park area in Chanthabouly district, Vientiane along the Mekong riverbank is expected to open soon with many stallholders registering interest in advance, according to authorities.Read more