Laos govt ploughs ahead with measures to cut unnecessary spending
VIENTIANE (Vientiane Times/ANN) – The government is confident its austerity policy will continue to lower budgetary tensions and financial difficulties in the coming year despite slow progress in implementing measures to curb wasteful spending.The Ministry of Finance will take action in coordination with several other ...
News Desk
World Day Against Death Penalty: EU Notes “de facto moratorium” in Laos
The European Union has restated a commitment to work with all countries including Laos to encourage moves toward achieving a global abolition of the death penalty, a government-sanctioned practice whereby a person is killed by the state as a punishment for a crime.More ...
The Laotian Times editor
Bananas to top list of agricultural export earners in Laos
VIENTIANE (Vientiane Times/ANN) – Bananas are expected to be Laos’ leading agricultural export this year despite the government banning an expansion of plantations around the country.In 2017, Laos earned US$167.9 million from banana exports which dipped to US$112 million last year, but the figure is ...
News Desk
Thailand’s First Bullet Train to Include Laos as Destination
Thailand is preparing to launch the country’s first bullet train that will run between Bangkok and Beijing, China, with Laos as one of the intermediate stations.The “Trans-ASEAN Line” will cover 3,193 kilometers at the cost of about THB 2.07 trillion (USD 67.2 billion) and link ...
The Laotian Times
https://laotiantimes.com/2019/07/08/thailands-first-bullet-train-to-include-laos-as-destination/
Planning ministry confers on development strategy, challenges
VIENTIANE (Vientiane Times/ANN) – The Ministry of Planning and Investment is continuing efforts to enhance cooperation in response to challenges in implementing the government’s socio-economic development plan up to 2020.Representatives of the ministry and other authorities met in Vientiane on Thursday and reviewed the implementation ...
Unitel Wins Speedtest Award for Fastest Mobile Network in Laos
Unitel has won the Speedtest Awards for mobile network speed during the second and third quarter of 2019.Ookla, the owner of the speedtest.net website, compared user-initiated tests taken on the Speedtest iOS and Android mobile apps from all the major mobile carriers in Laos during the award ...
Latsamy Phonevilay
Laos hoping to spark use of electric vehicles next year
VIENTIANE (Vientiane Times/ANN) – Laos expects to import electric vehicles next year to support the government’s move to minimise the use of fossil fuels.The import of electric vehicles will follow the government’s order for a pilot project, EV Lao Company Limited Deputy Managing Director, Mr ...
News Desk
http://annx.asianews.network/content/laos-hoping-spark-use-electric-vehicles-next-year-102441
Laos, Cambodia open first official international border crossing
The Nongnokheane-Trapeang Kriel border has become the first official international border checkpoint between Laos and Cambodia after being recognised as a local crossing point for almost 30 years. Prime Minister Thongloun Sisoulith and his Cambodian counterpart Hun Sen officially opened the Nongnokheane-Trapeang Kriel international border ...
Largest trade exhibition to kick off next week in Laos
VIENTIANE (Vientiane Times/ANN) – The largest professional trade exhibition of the country, Lao Top 3 Expo 2019, will kick off at the National Convention Centre in Vientiane next week and showcase products aimed at the building, construction, water supply, food and beverage and trade industries.The ...
Souksamai Boulom
http://annx.asianews.network/content/largest-trade-exhibition-kick-next-week-laos-98387
Overvalued project costs more than double standard price: Lao minister
VIENTIANE (Vientiane Times/ANN) – Many state infrastructure development projects were found to be hugely overvalued with some priced at more than double the standard unit price, a minister has said.The government could save more than 3.5 trillion kip (almost US$419 million) from these following inspections ...
Souksakhone Vaenkeo
The Last Days of Beautiful Luang Prabang: UNESCO experts insist that a huge dam would destroy the “authenticity and integrity” of the World Heritage Site in Laos.
Construction has just started on a huge dam just 25 kilometers upstream from the heritage town, and only four kilometers from the revered Buddhist shrines hidden inside the Pak Ou caves.Satellite information from the Stimson Center’s Mekong Dam Monitor proved that these warnings have been ignored, and ...
Tom Fawthrop
Ground broken for second campus of Lao-German Technical College
Construction of a second campus of the Lao-German Technical College is underway in Vientiane which will allow more students to take trade-specific courses, especially in the operation of heavy machinery.The new college is funded by grants from the Lao and German governments and will provide ...
Times Reporters
Infrastructure development, tourism key for economic growth in Laos: ADB
VIENTIANE (Vientiane Times/ANN) – The government is targeting more international visitor arrivals until the end of this year with numerous incentives, a promotional tourism campaign, and policy updates.The move follows the recent release of the new Asian Development Bank (ADB) forecast which showed the country’s ...
Bounfaeng Phaymanivong
http://annx.asianews.network/content/infrastructure-development-tourism-key-economic-growth-laos-adb-105204
Japanese Electronic Vehicle Cable Manufacturer Bando Opens Factory in Laos
Japanese cable manufacturer Bando Densen has opened a factory in Laos, joining a group of competitors that are stepping up their presence in Southeast Asia amid demand for electronic vehicles.The company will gradually strengthen its local operations and with cheaper labor costs and existing distribution ...
The Laotian Times
https://laotiantimes.com/2019/08/13/japanese-electronic-vehicle-cable-manufacturer-bando-opens-factory-in-laos/
Lao business start-ups, entrepreneurs meet in networking event
VIENTIANE (Vientiane Times/ANN) – Lao business startups and entrepreneurs have the chance to grow their operations by getting together with international investors,” said the organiser of a Startup and Angels event.The networking event was held in Vientiane on Wednesday and attended by foreign investors, local ...
Souksamai Boulom
Laos, Cambodia make strides in resolving unsettled border area
Laos and Cambodia have agreed on the basic principles in drafting a joint Terms of Reference (TOR) to speed up the resolution of the unsettled border area.This was the outcome of a meeting between the heads of the ministries of Foreign Affairs of Laos and ...
Times Reporters
Lao investor backs multi-million dollar project in Thakhaek SEZ
KHAMMUAN, Laos (Vientiane Times/ANN) – Jo Bounmy Group, a leading business conglomerate in Laos, has approved additional capital of US$500 million to build a trade and warehouse complex at the Thakhaek Specific Economic Zone (TSEZ) in Khammuan province.The company plans to build a trading complex ...
News Desk
Laos sets new deadline for fuel firms to shape up
VIENTIANE (Vientiane Times/ANN) – The Ministry of Industry and Commerce has urged companies wanting to maintain the right to import fuel to improve themselves in accordance with the Prime Minister’s decree on fuel businesses otherwise they will not be allowed to operate their businesses.The ministry’s ...
Ekaphone Phouthonesy
Laos, Myanmar, Cambodia to adopt Korean for regular school curriculum
BUSAN, Nov. 26 (Yonhap) — Three more member states of the Association of Southeast Asian Nations (ASEAN) — Laos, Myanmar and Cambodia — plan to adopt Korean for the regular curriculum at their secondary schools beginning next year, officials said Tuesday.South Korean Minister of Education ...
Yonhap News Desk
Laos, China partner in quality control of agricultural exports
VIENTIANE (Vientiane Times/ANN) – Laos will soon have a high-quality facility to ensure the required international hygiene standards of plant and animal products as well as providing training.A Memorandum of Understanding on a project to build the facility was signed in Vientiane recently by the ...
Siladda Souliyong
http://annx.asianews.network/content/laos-china-partner-quality-control-agricultural-exports-106309