News

Lao PDR’s Macroeconomic Stability Amidst Uncertainty

(KPL) Economic growth in the Lao PDR is estimated at 6.5 per cent in 2018 down from 6 9 per cent in 2017, in part due to the adverse impact of the recent widespread floods.The construction of infrastructure, export of electricity, and service sector have ...

KPL

Cement exports set to rise as more factories start production

VIENTIANE (Vientiane Times/ANN) – The export value of cement is expected to rise further as several cement factories have been built and are ready to go into production. In 2016, Laos earned just US$200,000 from cement exports, which shot up to US$47.6 million in 2017 and US$47.8 ...

News Desk

Lao Telecom takes over VimpelCom Ltd Ltd

VIENTIANE (Vientiane Times/ANN) – The Lao Telecommunications Company, a leading comprehensive telecommunications operator in the country, has acquired VimpelCom Ltd for US$42 million.Customers of Beeline will be able to continue using network number 7 with the network of number 5 as of January.More ...

News Desk

Laos vows to closely monitor loans to SMEs

VIENTIANE (Vientiane Times/ANN) – The government is closely monitoring the management of loans given to small and medium-sized enterprises (SMEs) to ensure they are used wisely and profitably. Speaking at the annual meeting of the finance sector earlier this month, Prime Minister Thongloun Sisoulith said the ...

News Desk

New Zealand beefs up livestock farming in Laos 

Farmers from four provinces in Laos have learned about cattle rearing methods through the Lao Quality Beef Initiative (LQBI).The project team, in collaboration with district authorities, on Tuesday held a training session in Vientiane on small-holder cattle farming practices for farmers from Luang Prabang, Xayaboury, ...

News Desk

Lao Migrant Youth Increasingly Looking for Work in China

Young people from the northern provinces of Laos are increasingly moving across the border to China in search of jobs and higher wages.Facing limited prospects at home, youth from Laos’ remote mountainous regions choose to become undocumented economic migrants in China’s neighboring Yunnan province, where ...

RFA’s Lao Service

Bigger than ever Boun Kabongyay festival planned for this year

Visitors are welcome at the Boun Kabongyay festival in Savannakhet next month to join Brou people from across the province in a celebration of food and culture. More ...

Siladda Souliyong

MRC hosts Paklai dam discussion

Luang Prabang: The Mekong River Commission (MRC) yesterday hosted a regional meeting when Mekong stakeholders discussed the updated features of the planned Paklai dam on the Mekong River. The Lao government requested in the middle of last year that the prior consultation process concerning the decade-old planned ...

Ekaphone Phouthonesy

PM calls for brainstorming on revenue collection, ways to drive growth

Prime Minister Thongloun Sisoulith has called on senior government officials in charge of economic affairs to explore ways to ensure that all revenue streams are fully utilised, and to spur economic growth.More ...

Souksakhone Vaenkeo

Low quality rice hinders sales to China

VIENTIANE (Vientiane Times/ANN) – The Rice Research Centre under the National Agriculture and Forestry Research Institute (NAFRI), Ministry of Agriculture and Forestry, has admitted the country’s rice export targets will not be met largely because farmers are not using good quality rice seed.Director of the ...

Ounkham Pimmata

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