Casino financiers have been moving out of the former Portuguese colony since at least 2016 to less regulated territories, such as Sihanoukville and Poipet in Cambodia, and later over Thailand’s borders with Laos and Myanmar,
Stronger financial markets needed to boost Laos’ resilience to shocks: ADB
The Asian Development Bank (ADB) is maintaining its economic growth forecast for Laos, while the outlook for consumer prices has worsened, according to the Asian Development Outlook (ADO) 2022 …
Controversial Mekong dam in Laos faces economic and regulatory hurdles
As locals await relocation and experts raise concern over impacts on the Mekong’s ecology, the future of the Phou Ngoy dam looks uncertain …
Overseas Visitors to Laos Could Exceed One Million in 2022
VIENTIANE, LAOS – Media OutReach – 12 December 2022 – Since Laos reopened in May, there has been a constant rise in foreign visitors who want to travel through its beautiful landscapes and experience …
US pledges to expand economic ties with Laos
The United States is keen to broaden its economic cooperation with Laos and is committed to helping the country achieve sustainable development.
US pledges to expand economic ties with Laos
The United States is keen to broaden its economic cooperation with Laos and is committed to helping the country achieve sustainable development.
Laos fintech gives village banks, financial inclusion a timely boost
LTS Ventures was tasked with building a simple microfinance platform for Laos’s army of village banks and savings unions. It took off like a rocket, boosting financial inclusion, cutting fraud. Now …
Laos to outline measures for resolving financial, economic problems
The Fourth Ordinary Session of the National Assembly (Ninth Legislature) of Laos was held on Monday, giving the floor to the Lao prime minister to outline measures to address the country’s ongoing …
I helped clear unexploded bombs in my birthplace to save the next generation
I celebrated my birthday this year by returning to Laos, the country of my birth. The country I gave up when I became a naturalized U.S. citizen. In October, I had the opportunity to return …
Philippines and Laos to boost agricultural trade, people-to-people exchange
The Philippines and the Lao People’s Democratic Republic have vowed to boost ties in the agricultural sector, as well as to strengthen people-to-people exchange between the two nations.