Economy and commerce
Investment
Major to open new cinema in Laos
SET-listed Major Cineplex Group Plc, the operator of the country’s largest cinema chain, has clinched a deal with TK Group in Laos to open its newest cinema abroad, strengthening its position as a regionalMore ...
Nanat Suchiva
Propose law to promote public private partnerships, NA instructs
The National Assembly (NA) has told the government to formulate legislation to manage and attract more investment in the form of public-private partnerships (PPP), and Build-Operate-Transfer (BOT) projects to drive development.More ...
Souksakhone Vaenkeo
Self-sustaining, pushing nation’s performance, PM calls business
The private sector is a key bulwark for the government’s efforts and achievements in performing its task as a facilitator for business and socio-economic development, Prime Minister Thongloun Sisoulith told members of the business community at the 11th Lao Business Forum yesterday. The Prime Minister ...
Vientiane Times
South Korea Eyes Strawberry Farm Project In Xiengkuang
On the 3rd of July, President of the South Korean Association of Arts and Culture Dr Yu Hian Suk and her delegation met with Acting Party Head of Xiengkuang Province Bounthon Chanthaphone to discuss the possibility of establishing a strawberry farm in Xiengkuang.More ...
The Laotian Times
A Japanese toys company launched the first factory in Laos
EPOCH Toys (Lao) Ltd., the leading toys company behind Sylvanian Families, which are distributed in over 60 countries around the world opened a new factory in Laos.More ...
Lao Economic Daily
Laos sees growth in non-resource sector: report
VIENTIANE, June 28 (Xinhua) — Laos has begun to witness improvements in non-resource exports amid declining mining output and a government policy to boost growth in the manufacturing sector, local daily Vientiane Times on Thursday quoted a World Bank report as saying.More ...
Vientiane Times
New Complex Resort Project at Km 62 in Vientiane Province will bring a new dimension to tourism in Laos
Upon reaching the agreement with Oriental Co., Ltd., the government has conducted a feasibility study on the construction of Lao-style Complex Resort, cost USD 3 billion. The government will hold 20% business share. The key purpose of this project is to recreate a new attraction ...
Lao Economic Daily
MMG Agrees LXML Sepon Sale
(KPL) MMG Limited (MMG) agreed on Jun 21 the sale of its 90% interest in Lane Xang Minerals (LXML), which owns the Sepon mine in the Lao PDR, to Chifeng Jilong Gold Mining Co Ltd (Chifeng), for US$275 million.More ...
KPL
Good progress seen in investment in Laos
Hanoi (VNA) – There has been good progress in investments in Laos, with 4,118 enterprises registering and being approved for investment between January and June, according to Lao Prime Minister Thongloun Sisoulith.More ...
VNA editor