Laos Keyword: Banking Channels

June 6, 2025

On 10 April 2025, the Ministry of Natural Resources and Environment of the Lao People’s Democratic Republic (“MORNE”) issued the Decision on Payment for Land-use Rights through Banking Channels No. 0506/MONRE, imposing restrictions on the purchase and sale of land-use rights. It mandates that such transactions must be conducted exclusively through formal banking channels—namely, commercial […]