Economy and commerce

(KPL) A group of Chinese investors have invested at least 10 billion yuan to speed up developing the infrastructure of the Boten Specific Economic Zone (SEZ) in Luang Namtha Province, northern Laos.“Boten Specific Economic Zone is adjacent to border town of Mohan in China’s Yunnan ...

VIENTIANE (Vientiane Times/ANN) – The price of food products will be controlled during the Lao New Year (Pi Mai Lao) holiday and all international borders will continue their import and export services over this period.Services at international border crossings will not be disrupted during the ...

VIENTIANE (Vientiane Times/ANN) – Banque pour le Commerce Exterieur Lao (BCEL) Public has officially launched a credit card and a prepaid debit card under the BCEL World Mastercard brand to meet the travel and shopping needs of Lao people with a better and safer alternative ...

VIENTIANE (Vientiane Times/ANN) – The Japanese government has approved a new Japanese International Cooperation Agency (JICA) project through the Laos-Japan Human Resource Development Institute (LJI) to support development of the private sector and Japanese investments in Laos.The new project for Capacity Development of Business Professionals ...

VIENTIANE (Vientiane Times/ANN) – The Trade Facilitation Committee Secretariat (TFCS) is proposing the forming of trade implementation units in various ministries that are assigned as members of the secretariat to assist with its work and budget planning.The proposal will be put to the government for ...

The Bank of Thailand and the Bank of Laos PDR have signed a memorandum of understanding (MOU) on cooperation in the areas of financial innovation and payments systems in Chiang Rai yesterday after the meeting of the 5th Asean Finance Ministers’ and Central Governors’ Meeting ...

VIENTIANE (Vientiane Times/ANN) – The government will strive to achieve imports and exports of more than US$11 billion this fiscal year, including exports of US$5.516 billion and imports of US$5.775 billion.These figures were outlined on Tuesday at the annual meeting in Vientiane of the industry ...

VIENTIANE (Vientiane Times/ANN) – Laos is in need of intensive cooperation amongst all parties concerned to promote various key measures to boost its world ranking in ease of doing business after the government was unable to meet its target.Last year, the government had committed to ...

(KPL) In 2019 and 2020, the Economic growth in the Lao PDR  is expected to remain stable at 6.5% supported by the expanding agriculture, energy, industry, and services sectors, the Asian Development Bank (ADB) has said in its latest report.The Asian Development Outlook (ADO) 2019 forecasts ...

VIENTIANE (Vientiane Times/ANN) – Consumers wanting to purchase local One District, One Product (ODOP) offerings and other quality handmade items now have a convenient retail outlet with the opening of the Laos ODOP Consignment Centre.The centre, located on the first floor of the Vientiane Center ...