Economy and commerce

ANZ Laos Holds Food, Beverage and Agriculture Forum

Improved domestic cross-border transport and logistics, coupled with widening and deepening demand for clean, green vegetables and fruit both in neighboring China and across the emerging economies of Asia presents a host of potential niche opportunities for Laos to capitalize upon, an audience in Vientiane ...

The Laotian Times

Commerce ministry postpones new business registration system

The Ministry of Industry and Commerce has postponed the implementation of a new business registration system which Prime Minister Thongloun Sisoulith had requested in February.More ...

Ekaphone Phouthonesy

Bank of Laos Warns Public Against Use of Cryptocurrencies

The Bank of Laos (BOL) has issued a notice warning the public against the use of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, which are unregulated currencies that are not tied to physical cash reserves.More ...

The Laotian Times

Handicraft maker suffers from shortage of bamboo

“It’s getting harder to expand the bamboo handicraft market because of a shortage of raw material,” said the owner of a business that is feeling the effects, the Phai Exclusive brand.More ...

Souksamai Boulom

PM orders top officials to ramp up economic growth

Prime Minister Thongloun Sisoulith has ordered ministers, the Vientiane mayor and provincial governors to implement eight measures to stimulate economic growth. The measures have been designed to boost socio-economic development over the rest of the year and in 2019, amid budgetary tension.More ...

Somsack Pongkhao

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

Billions allocated to small, medium enterprise promotion  

More than 2,715.8 billion kip will be sourced and allocated for the promotion of small and medium enterprises (SME) to facilitate better access to finance to grow their businesses. In this regard, the government will allocate 200 billion kip from the state budget. The remaining ...

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

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