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Lax Investment Law Enforcement in Laos Brings Flood of Small Chinese Businesses

The Lao government’s failure to strictly enforce foreign investment laws is allowing a growing number of Chinese entrepreneurs to dodge investment rules and avoid paying taxes while operating shops and restaurants in the Southeast Asian country, an official from the Ministry of Planning and Investment ...

RFA’s Lao Service

Laos doubles revenue from furniture sales to China

VIENTIANE (Vientiane Times/ANN) – The export value of wood furniture products sold by Laos to China in 2018 is estimated to have doubled after the government encouraged more productivity and sales.In 2017, Laos earned about US$5 million from the sale of wooden furniture to China, ...

News Desk

Laos stresses narrowing development gap at Asean meeting

Laos has stressed the need to strengthen newer Asean members’ capacity through the implementation of the regional plan to narrow the development gap. Minister of Foreign Affairs Saleumxay Kommasith emphasised this point when speaking at the 51st Asean Foreign Ministers’ Meeting (AMM) held in Singapore ...

Vientiane Times’ reporter

LNCCI postpones Made in Laos Fair until July

VIENTIANE (Vientiane Times/ANN) – The Lao National Chamber of Commerce and Industry (LNCCI) has postponed the Made in Laos 2019 Fair until July 20-28 after a fire damaged Lao-ITECC where the event was scheduled to take place from May 10-19.A fire broke out on the ...

Phetsamone Chandala

Laos prepares master plan for geographic information system

VIENTIANE (Vientiane Times/ANN) – The Ministry of Natural Resources and Environment has drawn up a master plan for the establishment and utilisation of National Spatial Information and Infrastructure in Laos.A final dissemination workshop on the project took place in Vientiane last Friday, organised by the ...

Phetsamone Chandala

Laos Cracks Down on Illegal Foreign-owned Businesses

Laos will crack down on foreign-owned businesses operating in the country without the proper permit.The Lao government has begun to inspect foreign-owned businesses to see whether they comply with Lao laws and regulations, according to ministerial advice by the Ministry of Industry and Commerce, reported ...

Laotian Times News Desk
https://laotiantimes.com/2019/07/02/laos-cracks-down-on-illegal-foreign-owned-businesses/

Lower economic growth rate in Laos sparks concerns

VIENTIANE (Vientiane Times/ANN) – A lower economic growth rate has sparked concerns that Laos may not meet the average targeted rate of 7.2 per cent as part of the country’s five-year economic development plan for 2016-2020.Economic growth in Laos has reached only 6.7 percent over ...

Somsack Pongkhao
http://annx.asianews.network/content/lower-economic-growth-rate-laos-sparks-concerns-99453

Govt awareness raising focus marks International Anti-Corruption Day

The government has been focusing on anti-corruption awareness raising among officials and students as it marks the 15th anniversary of International Anti-Corruption Day (December 9).More ...

Times Reporters

Russian Sappers To Clear Remaining US Bombs From Laos - Defense Ministry

KUBINKA (Moscow region) (UrduPoint News / Sputnik – 03rd October, 2018) The bomb squad of the Russian Armed Forces’ International Mine Action Centre will be going to Laos this month to help the country clear out remaining unexploded US bombs from the Laotian Civil War, the Russian Defense Ministry said on Wednesday.The assignment will last from October to March 2019, ...

Mohammad Ali

Tracking Progress Of Family Planning Programme

(KPL) The use of modern family planning (FP) methods is the best way to reduce unintended pregnancies and the risks associated with pregnancies and childbirth.In the Lao PDR, the use of modern family planning methods continues to increase slowly at the rate of 1% per ...

KPL News Desk

App-facilitated Land Tax Payment Service Launched

(KPL) The Department of Tax has launched a system that ensures land tax payment isbank-based, safe, and fast.More ...

KPL editor

Laos creates fund to cope with climate change

VIENTIANE (Vientiane Times/ANN) – The government has established a new fund designed to strengthen Laos’ capacity to address and cope with climate change threats.According to the Prime Ministerial Decree on Climate Change, which was published in the Lao National Gazette on October 17, the fund ...

Ekaphone Phouthonesy

Lao: Champassak city announces auction of confiscated timber

VIENTIANE (Vientiane Times/ANN) – The seized timber auction committee of Champassak city has invited furniture associations, timber processing factories, furniture factories and timber businesses across the country to an auction of confiscated timber.The government seized the wood up for sale after it was illicitly cut ...

News Desk
http://annx.asianews.network/content/lao-champassak-city-announces-auction-confiscated-timber-104984

Laos backs China-led BRI trade infrastructure expansion

BEIJING (Vientiane Times/ANN) – President Bounnhang Vorachit has voiced the Lao government’s support for the China-led Belt and Road Initiative, saying the global project will help to transform Laos from being landlocked into a land link.Speaking at a session of the Second Belt and Road ...

Ekaphone Phouthonesy

Employ more Lao to help build railway: President

VIENTIANE (Vientiane Times/ANN) – President Bounnhang Vorachit called for more Lao workers to be employed by the Laos-China Railway Project when he visited a section of the railway under construction in Vientiane on Friday. According to project reports, about 16,000 people are employed in the construction of ...

Khonesavanh Latsaphao

Agricultural, economic censuses to promote Lao growth

VIENTIANE (Vientiane Times/ANN) – Laos will conduct the Census of Agriculture III (LCA III) and Economic Census III (EC III) for 2019-2020 to use the findings as a reference for the next national socio-economic development plan for 2021-25.Representatives from relevant government departments, international organisations and ...

News Desk

Lao Justice ministry to upgrade sentencing enforcement officials

The Ministry of Justice plans to train and supply more legal specialists to assist local authorities in the enforcement of court sentences, according to a senior ministry official.Speaking at the Lao National Conference yesterday, Minister of Justice, Mr Xaysi Santivong said the ministry will continue ...

Ekaphone Phouthonesy

Gov’t Earmarks 2.54 Trillion Kip For Poverty Reduction

(KPL) The government has earmarked 2,548 billion kip for poverty reduction efforts in coming year.The government has an ambitious plan to have 4,649 families in 220 villages nationwide graduating from poverty, and 100 development villages announced next year, Minister of Agriculture and Forestry Lien Thikeo ...

KPL editor

Visit Laos-China Year bringing in more tourists

The Visit Laos-China Year 2019 tourism promotion has proved successful in driving up visitor numbers, according to tourism officials.More than 2.2 million people visited Laos in the first six months of this year, up about 5 percent compared to last year, according to the Tourism ...

Siladda Souliyong

Magnitude 5.7 Earthquake hits Xayaboury, Laos

A magnitude 5.7 earthquake hit Laos in Xayaboury Province, close to the border with Thailand, in the early hours of this morning. At approximately 4am this morning, a magnitude 5.7 earthquake struck Laos 38km from Xayaboury town in Xayaboury Province, close to the border with Thailand, ...

Latsamy Phonevilay

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