The Laotian Times
LVMC (Kolao) Acquires GMS Trading in Laos, Eyes New Business
LVMC Holdings, formerly known as Kolao Holdings, has announced that it acquired 100 percent shares in GMS Trading Sole in Laos for USD 357,623. The move is aimed at pursuing “new business,” the company explained without providing further details.GMS Trading enjoys businesses in real-estate development ...
Taejun Kang
Kuang Si Falls Named in List of Best Overseas Attractions for Japanese Tourists
Laos’s Kuang Si Falls in Luang Prabang has been named as one of 50 best overseas attractions for Japanese tourists in 2019, a recent survey has shown.The falls ranked 26th in the list of 50 most popular destinations for Japanese tourists in 2019 compiled by ...
Taejun Kang
SEA Games 2019: Laos Scores First Gold Medal in Kickboxing
Laos has clinched its first gold medal in the 2019 Southeast Asian Games after beating Indonesia in the men’s 60 kg Low Kick final kickboxing match.In the match held on December 10, Lao kickboxer Taipanyavong Soukan beat Indonesian opponent Lumbantungkup Bonatua, according to a record on ...
Taejun Kang
Thailand Hopes to Attract Affluent Lao Tourists
Thailand will push health and wellness tourism and shopping to attract high-income tourists from Laos.The Tourism Authority of Thailand (TAT) plans to team up with Thai private hospitals and Lao influencers to promote the medical segment to high-income Lao tourists, Bangkok Post reported.TAT will also partner with ...
Taejun Kang
Mekong River Turns Blue in Thakhek
The mighty Mekong River, normally a vast expanse of brown, has taken on a bluish hue, making it appear like seawater in some areas.Residents of both Thakhek in Laos, and Nakhon Phanom in Thailand, have noted the blue color of the Mekong River in recent ...
Jasmina Yap
Laos Engages International Rating Agencies for International Dollar Bond Debut
The Lao Government has engaged Standard Chartered, JP Morgan, and Credit Suisse for its planned international US dollar bond debut.In December of 2015, Laos sold US$182m worth of dollar bonds in two tranches to institutional investors in Thailand and regularly issues sovereign bonds denominated in ...
Francis Savankham
Lao Telecom Launches Country’s First electronic SIM card Service
Lao Telecom has launched the country’s first eSIM activation service by teaming up with 10T Tech, an eSIM Solutions Company based in Hong Kong.The new service allows Lao smartphone owners with the latest Apple iPhones and iPads and Google Pixel 3a and 4 devices to ...
Taejun Kang
Foodpanda Launches in Laos with Over 300 Restaurants on Board
Foodpanda, the on-demand international food delivery service, has officially launched in Laos with over 300 restaurants on board.Heading to the capital first to open a world of exciting flavors to the residents of Vientiane, Foodpanda’s fleet of pink riders will bring meals from over 300 restaurants straight ...
Cameron Darke
Magnitude 5.7 Earthquake hits Xayaboury, Laos
A magnitude 5.7 earthquake hit Laos in Xayaboury Province, close to the border with Thailand, in the early hours of this morning. At approximately 4am this morning, a magnitude 5.7 earthquake struck Laos 38km from Xayaboury town in Xayaboury Province, close to the border with Thailand, ...
Latsamy Phonevilay
Japan’s Kumamoto Bets on Laos for Tourism Boost
The Japanese city of Kumamoto has said it will increase its promotional efforts for new routes that connect the city and Laos amid a drop in the number of passengers who use the city’s airport.Japan’s Civil Aviation Bureau gave the green light in October for ...
Taejun Kang