Lao PM advises northern provinces on ways to tackle economic crisis

[Prathet69]

Provincial leaders should ensure that all foreign investment is channelled
through the Lao banking system. Foreign investors must open a Lao bank
account in line with Lao law, to promote use of the kip in financial
transactions, the Prime Minister instructed.

https://www.thestar.com.my/aseanplus/aseanplus-news/2023/09/28/lao-pm-advises-northern-provinces-on-ways-to-tackle-economic-crisis

[Sulilec @Email.com]

That is nice to know PRATHET69 about Lao PM. I wonder if that is only for the Laotians or foreign investors who must have some kind of tie to Laos country to open account with Lao banking system to promote Kip.
Like banking in USA, a person who own the account live here, as you know.

Post by Prathet69
Provincial leaders should ensure that all foreign investment is channelled
through the Lao banking system. Foreign investors must open a Lao bank
account in line with Lao law, to promote use of the kip in financial
transactions, the Prime Minister instructed.
https://www.thestar.com.my/aseanplus/aseanplus-news/2023/09/28/lao-pm-advises-northern-provinces-on-ways-to-tackle-economic-crisis