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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 …

Laos and Thailand Must Further Promote Investment

Laos and Thailand Business Forum

Prime Minister Thongloun Sisoulith has called upon the business sectors in Laos and Thailand to promote further investment and cooperation.

The Prime Minister attended the 2017 Lao-Thai Business Forum in Vientiane yesterday, and made his announcement there. The event, which was attended by nearly 200 participants, was jointly organized by

Asia Peak Aims High in Nong Khai

asia-peak-nong-khai

Asia Peak, a mega-development tourism complex is in the plans for Nong Khai. Asia Peak will be a huge wholesale, retail, and entertainment center located behind the Asawann Shopping Complex and behind the Nong Khai Provincial Administration Office, covering an area of 48,000 square meters.

Several Thai investors saw the …

Attapeu International Airport Shuts Down

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After flights between Vientiane-Attapeu ceased since October 2016, the Attapeu airport has been temporarily shut down.

Passenger numbers were continually low, and flights were infrequent, with only 139,600 people living in Attapeu Province.

Authorities of Attapeu province revealed that Lao Airlines decided to stop offering flights from Vientiane to Attapeu …