Economy and commerce

VIENTIANE (Vientiane Times/ANN) – Banque pour le Commerce Exterieur Lao Public (BCEL) is partnering with Swift Pass to enable payments through WeChat Pay and AliPay so that Lao shops and other businesses are more attractive to Chinese customers.An official launch of WeChat Pay and AliPay ...

(KPL) The Lao Securities Exchange launched on Thursday the trading of the shares of Lao Asean Leashing Public Company (LALCO), the 11th company to have been registered on the Lao stock market.The trading day witnessed the share traded at 3,000 kip per share, rising by ...

VIENTIANE (Vientiane Times/ANN) – The 18 winners of the Asean Business Awards (ABA) Laos 2019 were officially acknowledged as talented economic players with great potential for domestic business expansion as well as within the Asean business community.Deputy Prime Minister and Minister of Finance Mr Somdy ...

VIENTIANE (Vientiane Times/ANN) – Banque pour le Commerce Exterieur Lao Public (BCEL) and the EV Lao Co., Ltd. are partnering in the production of a smart card for the payment of charging costs for electric vehicles.A Memorandum of Understanding on the project was signed in ...

VIENTIANE (Vientiane Times/ANN) – The Lao government is determined to promote small and medium-sized enterprises as well as push new business start-ups that are crucial for economic growth.Thaan Fun Organic Garden, a group of local organic shampoo and dish-washing liquid producers from Pakngum district, Vientiane, ...

VIENTIANE (Vientiane Times/ANN) – A ride hailing service operating in Laos will be represented at the Mekong Innovation Startup in Tourism (MIST) meeting in Thailand next week.LOCA, a Lao startup and a major player in the ride hailing business in Laos, has been selected to ...

VIENTIANE (Vientiane Times/ANN) – The Lao National Chamber of Commerce and Industry is conducting an assessment of the ways in which the provinces and Vientiane facilitate investment and trade, under Phase 2 of the ProFIT project.The project surveys and evaluates how the business sector benefits ...

VIENTIANE (Vientiane Times/ANN) – Trade authorities in six northern provinces of Laos and Dien Bien Phu province in Vietnam have agreed to hold a business dialogue next year to boost trade.The planned dialogue is part of the cooperation plan for 2019-20 and was discussed at ...

VIENTIANE (Vientiane Times/ANN) – The Bank of the Lao PDR (BOL) yesterday announced the sale of US dollar savings bonds, offering new investment opportunities and attractive returns.According to a press release obtained by the Vientiane Times from the central bank’s website, the US dollar denominated ...

(KPL) Representatives of South Korean companies met Lao entrepreneurs in Vientiane on Sep 30 to discuss opportunities for business cooperation and connection.The companies include ENTRA , NARAE Industry , DAEDO TEKRA , Exolube, DHC, Sunkyung Chemical and TAESUNG.The meeting with the Ulju-GUN Trade Delegation 2019 ...