Travelling across Asean is likely to get easier thanks to the Lao government’s plan to build an expressway and three motorways covering more than 1,700 kilometres which will link the country with China and Vietnam.The country needs at least 283 billion baht to fulfil its ...

VIENTIANE (Vientiane Times/ANN) – The Bank of the Lao PDR (BOL) is drafting a plan to promote cashless payments and to facilitate and manage money transactions in Laos.Use of e-wallets through the banking system is fast becoming a trend among city dwellers. They pay their ...

Lao authorities have released a villager held since 2017 with a group arrested for protesting the loss of land awarded by the government to a Vietnamese rubber company, sources in the communist Southeast Asian state said. Phonesawai, the fourth villager of the group to be released, ...

Some Chinese investors plan to shutter their banana farms in Laos and relocate to other countries while others plan to replace the yellow herbaceous fruit with other agricultural crops after sustaining losses. The northern province of Bokeo has been a major location for banana plantations ...

The government is encouraging the building of environmentally-friendly hydropower plants to ensure green growth and sustainable poverty reduction, according to a senior government official. “The government is highly encouraged to promote environmentally-friendly and sustainable hydropower projects,” Deputy Minister of Natural Resource and Environment, Ms Bounkham Vorachit, ...

Revenue collection system modernisation, investment authorisation procedure improvement, and poverty reduction have topped the list of issues at the debate at the National Assembly session on April 25. NA members called on the government to accelerate its realisation of the plan for closing the leakage ...

The government has projected that the country’s budget deficit for the first six months of this year could increase to as much as 1.16 trillion kip, intensifying budgetary tension against the backdrop of continuing revenue shortfalls.  If the money to pay the principal amount owed to ...

The Ministry of Planning and Investment and involved government bodies last week held a brainstorming session on pre-consultation to discuss the implementation of the Vientiane Declaration on Partnership for Effective Development Cooperation.The session was organised to encourage all the authorities involved to share their ideas ...

VIENTIANE (Vientiane Times/ANN) – The Bank of the Lao PDR (BOL), the country’s central bank, officially launched the new joint venture Lao National Payment Network Co Ltd (LAPNet) in collaboration with seven major banks.The company aims to create a more efficient system of payments and ...

(KPL) Belt and Road News Network –BRNN- will become the bigger window to provide people around the world an easier access to rich sources of information.The 1st Council Meeting of the Belt and Road News Network (BRNN) was held on April 23 in Beijing, China to discuss and ...

Forcing tour operators to submit a list of visitor names to tourism police before taking tour groups on trips violates the Tourism Law, a senior government official has said.The Tourism Police Department has continued to impose the requirement, which was mandated under previous regulations revoked ...

SAVANNAKHET, Laos (Vientiane Times/ANN) – President Bounnhang Vorachit has impressed upon authorities in Xepon and Thapangthong districts of Savannakhet province the need to tackle antisocial behaviour, such as drug abuse, in order to maintain social order.More ...

Laos could serve as an internet cable connector within the region in the future thanks to its geographic location, an internet policy maker has said.“It is possible that Laos could be a regional internet land link,” Director General of the Lao Internet Centre, Mr Keovisouk ...

Thailand will push health and wellness tourism and shopping to attract high-income tourists from Laos.The Tourism Authority of Thailand (TAT) plans to team up with Thai private hospitals and Lao influencers to promote the medical segment to high-income Lao tourists, Bangkok Post reported.TAT will also partner with ...

Prime Minister Thongloun Sisoulith has told ministries to be proactive in attracting investment from Brunei Darussalam after learning that companies in the oil-rich country want to do business in Laos.Bruneian investors are interested in exporting oil to Laos as well as operating poultry farms and ...

VIENTIANE (Vientiane Times/ANN) – Representatives of development partners, line departments of the Ministry of Energy and Mines, and provincial officials met yesterday in Vientiane to discuss mineral exploration and resource evaluation. The workshop was attended by Deputy Minister of Energy and Mines, Mr Chanson Senebouttalath.The meeting represented ...

Laos and the Republic of Korea (ROK) have signed three memorandums of understanding (MOUs) to further strengthen their cooperation. The MOUs on port management information, intellectual property, technical cooperation and vocational cooperation were signed on the occasion of the bilateral meeting between Lao Prime Minister Thongloun ...

Singapore-based blockchain services provider EVX Holdings, Pte. Ltd., operating as Everex, has signed a Memorandum of Understanding (MoU) with Lao Development Bank (LDB) to develop and implement blockchain technology for cross-border payments and trade finance.More ...

The High Command of Military Region 5 and the South Laos Friendship Co., Ltd are continuing to direct their units to send personnel to the Lao province of Attapeu to help local residents affected by of the collapse of the Sepien-Senamnoi hydropower dam overcome the ...

VIENTIANE (Vientiane Times/ANN) – A large number of Lao businesses that produce goods for the domestic market are at a disadvantage because nothing has been done to control the influx of illegally imported goods.“Many Lao firms are suffering from lost business because they can’t compete ...