Economy and commerce

Simple, Natural, Innovative As BambooLao Straws Slurp Up Tourism Award

Luang Prabang’s very own BambooLao has captured the top prize and a US$10,000 Innovation Grant in the 2018 Mekong Innovative Startups in Tourism (MIST) challenge, which is described as “an elite travel startup competition, supported by the Australian Government and Asian Development Bank, (including) Asia’s most prominent travel-specialized ...

The Laotian Times

PM touts ‘three opens’ policy to Japanese investors

Prime Minister Thongloun Sisoulith introduced Laos’ ‘three opens’ policy on investment to participants at the Mekong-Japan Business Forum in Tokyo, which was organised by the Japan External Trade Organisation.More ...

Times Reporters

Foreign owned hair salons face up to cuts as authorities act

Numerous hair salons operated or owned by foreign nationals in Vientiane have been ordered to shut down temporarily after authorities found them to be in breach of the related regulations.More ...

Phetphoxay Sengpaseuth

Party hears private sector thoughts on policy

The leadership of the Lao People’s Revolutionary Party is exploring measures to facilitate business operations better and boost the macroeconomy amid challenges, opportunities and risks facing the nation’s economy that may lie ahead.More ...

Souksakhone Vaenkeo

Lao economic growth remains resilient despite heightened global uncertainty:WB

Laos’ economic growth is expected to reach 6.9 percent in 2019-2020, according to the latest World Bank (WB) economic report on the region.Supported by increased power generation, growing opportunities in the non-resource sectors from closer regional integration, and reforms to improve the business environment, growth ...

Times Reporters

Laos-S. Korea Bilateral Trade Reaches US$ 120 Million

(KPL) The bilateral trade between the Republic of Korea and Laos for 2017 reached US$120 million, according to the Korea Trade-Investment Promotion Agency (KOTRA).More ...

KPL

Boao Forum showcases nation’s development, investment opportunities

Development and investment opportunities in Laos and the region along with the nation’s exciting potential have been showcased at the Boao Forum held in Vientiane from September 28-29.More ...

Times Reporters

Sustainable business growth promotion gets WB backing

The World Bank has approved US$13 million to promote reforms to the business environment in Laos and to reduce the number of days needed to start a business.More ...

Times Reporters

Laos’ economic growth rate revised to 6.6%, floods dampen prospects

Anyone who has been flicking on screens to news of floods in Laos, extreme weather-related disasters in the region and trade frictions beyond will not be surprised to hear that such developments have subdued economic growth somewhat.More ...

The Laotian Times

Economic growth in Lao PDR expected to remain moderate in 2018: ADB

Agriculture is expected to grow by 2.0% this year, while electricity generation is expected to increase by 8%, with mining outputs projected to decline by 2.0%.Economic growth for the Lao People’s Democratic Republic (Lao PDR) is expected to moderate in 2018, as agriculture and mining ...

Devdiscourse News Desk

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