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VIENTIANE (Vientiane Times/ANN) – The government has issued a prime ministerial decree to establish a Small and Medium-Sized Enterprise Promotion Fund, hoping the intervention will boost business access to finance.Prime Minister Thongloun Sisoulith on September 4 signed the SME Promotion Fund decree giving a strong ...

A press conference was held last Friday at Vientiane’s Talat Sao (Morning Market) Mall to inform the public of the future of the market and mall complex, which has been uncertain for some years.The press conference was held by Mr. Atsaphangthong Siphandone, Vice Mayor of ...

Paksan International Customs in Bolikhamxay Province has failed to meet its revenue target between January and August amid a drop in the volume of imports.The Paksan checkpoint, which connects Thailand, Vietnam and Laos by road, serves as an economic and services gateway, facilitating trade, investment ...

VIENTIANE (Vientiane Times/ANN) – The Banking Operation Department under the Bank of the Lao PDR (BOL) has signed up 10 commercial banks to seek a loan of US$300 million from China Development Bank (CDB) for the promotion of small and medium-sized enterprises (SMEs) in Laos.A ...

VIENTIANE (Vientiane Times/ANN) – A delegation of the Communists of Russia (KR) led by Chairman of the Central Committee of the KR and Vice Chairman of the Legislative Assembly of Ulyanovsk Oblast, Maxim Suraykin is visiting Laos on the invitation of the Lao People’s Revolutionary ...

VIENTIANE (Vientiane Times/ANN) – The Lao and Cambodian governments have signed a joint communiqué, marking the start of a new era in relations and cooperation between the neighbouring nations.Prime Minister Thongloun Sisoulith and his Cambodian counterpart, Hun Sen signed the communiqué on September 12, in ...

VIENTIANE (Vientiane Times/ANN) – The European Union (EU) will continue to add more than 135 billion kip (14 million euros) for the ‘Basic Education Support Programme in Laos’ to help the nation achieve its education development plans.This was the message delivered during a visit to ...

VIENTIANE (Vientiane Times/ANN) – Small and Medium Size Enterprises (SMEs) in Laos have to strengthen their capacity to produce premium goods for the international market as their only realistic option, according to an official from International Trade Centre (ITC).“Laos cannot do a big volume at ...

VIENTIANE (Vientiane Times/ANN) – Many agricultural promotion companies in Laos have limited their rice exports because of the supply shortage in the domestic market despite high demand from overseas.High rice prices and the impact of flooding within the country this season are the main reasons ...

The Lao government has partnered with the Global Environment Facility and the Food and Agriculture Organisation of the United Nations to implement the project “Climate Smart Agriculture Alternatives for Upland Production Systems in Lao PDR”. The project’s main objective is to enhance resilience of vulnerable upland ...