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Sengdara Fitness Plans Major Makeover

All New Reception Area at Sengdara Fitness Center Makeover

Established in 2003 as one of the first full-service fitness and recreation centers in Laos, Sengdara Fitness swiftly gained a loyal following among Vientiane’s growing middle class, a group with growing spending power and increasing sensitivity to concerns over their health and well-being. Since then, Sengdara has been at the helm of the domestic fitness …

KB Kolao Leasing Enters Lao Local Leasing Market

KO Kolao Leasing Enters Lao Local Leasing Market

Feb 13, Vientiane Capital – As a part of its regional expansion strategy, the KB Financial Group, a South Korean financial holding company, has brought its tremendous international resources and know-how to invest in the Lao leasing market. After a year of preparation, its local incarnation KB Kolao Leasing

Lao Telecom to Increase Investment for Improved Services and Market Growth

Lao Telecom

Lao Telecommunications Company (LTC) expects to see expansion of its network and telecommunications systems this year in an effort to improve services and gain new subscribers.

The state-owned telco currently boasts over 1.5 million mobile phone subscribers, and 40,899 fixed line users. The 2G Winphone network includes 532,316

BCEL Opens E-Banking Network to Krungsri Customers

BCEL and Krungsri Share e-banking

Banque pour le Commerce Exterieur Lao (BCEL) has signed an agreement with Krungsri Leasing Services granting use of its electronic banking services to customers of Krungrsri.

Customers of Krungsri will be able to take advantage of popular BCEL e-banking applications such as BCEL One and I-bank after the two banking …

Lao Dairy Farm Milking the Market in Vientiane Capital

Lao Dairy Farm Crysta Milk

Lao Dairy Farm has already become the leader of the fresh milk market in Laos, saying the quality of its Crysta brand milk is equal to that of international imported milk brands.

Manager of Lao Dairy Farm, Ms Sengmani Yathortu explains that the farm uses modern technology to ensure milk …

Chinese Machine-made Lao Skirts Affecting Traditional Sales

Lao Skirts

Chinese machine-made imitations of traditional Lao skirts and ornamental dress accessories are having an effect on the sales of handmade Lao products.

A recent Vientiane Times article suggests that sales of handmade products by local Lao artisans has dropped by 30 percent since imitation items entered the market in recent …

Korean Firm DGB Financial Group Establishes Leasing Business in Laos

DGB Leasing Laos

DGB Financial Group from the Republic of Korea has expanded its financial business into Laos, after the company performed well in its home country.

The company has established DGB Lao Leasing Co., Ltd in Vientiane Capital, and an official opening ceremony was held last month.

The company’s chairman, Sonexay Sitphaxay, …

Lao Stock Report: Jan 23

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Weekly Stock Report (Jan 23rd): Lao Securities Exchange Index was stable points for the first two days, and then continued dropping respectively in the last three days of the week. However, there was a very surprise trading on Friday. Overall the week, total trading volume was 2,789,400 shares and …