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Association: fuel supply will be normalised in the near future

Residents of Vientiane are concerned about another fuel shortage with several petrol stations in the city being closed since Monday.However, the concerned sectors have issued reassurances that fuel will soon be available in sufficient quantities to meet daily demands. The fuel shortage has occurred at ...

Phetphoxay Sengpaseuth

Mahosot Hospital targets private patients with hepato-gastro intestinal centre

The management of Mahosot Hospital met in Vientiane recently to discuss a health service centre for the diagnosis and treatment of conditions associated with gastroenterology and hepatology.More ...

Phetphoxay Sengpaseuth

DPM calls for improving basic infrastructure for flood victims in Attapeu

Allocation of farm land and provision of rice seedlings to people displaced by floods must be hastened, Deputy Prime Minister Sonexay Siphandone has told authorities in Attapeu province.More ...

Times Reporters

Arson suspected as cause of fire in Laos’ National Protected Area

BOKEO, Laos (Vientiane Times/ANN) – Arson caused the destruction of almost 1,000 hectares of forest after a fire raged through the Nam Kan National Protected Area in Bokeo province.An official from the protected area, Mr Khamlek Senkhamvang, told Vientiane Times that fires have destroyed almost ...

Phomphong Laoin

Lao govt asks NA to consider incentives for future BOT investments

VIENTIANE (Vientiane Times/ANN) – Prime Minister Thongloun Sisoulith has asked members of the National Assembly (NA) to consider the use of incentives to entice private business investment for public infrastructure projects.The government wants to encourage investments that are licensed under a Build-Operate-Transfer (BOT) model in ...

Souksakhone Vaenkeo
http://annx.asianews.network/content/lao-govt-asks-na-consider-incentives-future-bot-investments-98384

Amended Law on Forestry was approved by National Assembly (NA)

The newly draft Amended Law on Forestry was approved by National Assembly (NA) during the 7th Ordinary Session last week (on 14 June 2019).During the session, the NA members raised questions and comments about this newly draft amended Law on Forestry, especially about the Forest Use rights, ...

Bounsong InsideLaos
http://insidelaos.com/2019/06/14/9204/

Laos, World Bank ink deal to reduce greenhouse gas emissions

VIENTIANE (Vientiane Times/ANN) – The Ministry of Energy and Mines and the World Bank on Thursday signed an Emission Reduction Purchase Agreement for the Lao Clean Cook Stove Initiative to support the reduction of greenhouse gas emissions.The project will be complemented by carbon finance capacity ...

Bounfaeng Phaymanivong

Don’t use or sell uncertified health products, Lao officials warn

VIENTIANE (Vientiane Times/ANN) – Authorities have warned members of the public to avoid using so-called health products that have not been authorised for sale, saying they may be unsafe.The Food and Drug Department under the Ministry of Health recently issued an announcement banning the sale or ...

Souksakhone Vaenkeo

Plain of Jars could receive World Heritage status in July

VIENTIANE (Vientiane Times/ANN) – Good news is expected for Laos’ Plain of Jars (Thong Hai Hin) in July when Unesco’s World Heritage Committee meets to make a decision on the site’s status, a government official said last week.More ...

Keoxomphou Sakdavong

Tourism planners eye potential of Mekong as visitor attraction

Government officials and partners will continue cooperation to improve the quality of tourism products on the Mekong River in Laos.A workshop to review tourism activities on the Mekong took place in Pakbaeng district, Oudomxay province, on December 17-18 with the support of the RELATED Project ...

Times Reporters

Thai-Lao business meeting to yield 62 million baht in trade

Bangkok, 8th September 2018  – The latest Thai-Lao business matching conference will result in 62 million baht’s worth of two-way trade, according to the Ministry of Commerce.  Food and beverage, education, and construction businesses were among the most popular.More ...

NNT

Krungsri Launches Real-time Money Transfer Service

(KPL) Krungsri Bank, a Thai commercial bank, has launched Krungsri Blockchain Interledger to ensure an easy and real-time money transfer between Laos and Thailand.“Krungsri Blockchain Interledger is a real-time service of international funds transfer between the Lao PDR and Thailand for SMEs. With cutting-edge service, ...

KPL News Desk

Minister stresses importance of culture at Chinese conference on Asian civilisations

BEIJING (Vientiane Times/ANN) – Culture plays an important role in the process of socio-economic development and is fundamental to establishing and maintaining lasting friendly relationships, a Lao minister told a conference in Beijing last week.Speaking at the Conference on Dialogue of Asian Civilisations in the ...

Souksakhone Vaenkeo

KOICA grants US$5.5 million for UXO sector in Laos

VIENTIANE (Vientiane Times/ANN) – The Korea International Cooperation Agency (KOICA) has provided more than 4.7 billion kip (US$5.5 million) for the second phase of a UXO project in Laos, up from the US$3 million contributed for the first phase.An agreement concerning the funding contribution for ...

Viengdavang Banphahaksa

Authorities issue 8 rules to ensure order over Pi Mai Lao

VIENTIANE (The Vientiane Times/ANN) – Vientiane Public Security Headquarters under the Ministry of Public Security last week (April 1) announced eight regulations for distribution to the nine district offices, aimed at maintaining social order during Lao New Year (April 14-16).The first regulation bans the sale ...

Viengdavanh Banphahaksa

IFC agrees $87.5M loan for Vietnam, Lao tourism

Bim Land Joint Stock Company, a property developer under BIM Group, has reached an agreement with the International Finance Corporation (IFC), a member of the World Bank Group, for a loan of up to $87.5 million to develop tourism infrastructure in Vietnam and Laos.Tourism is ...

Vietnam News
https://www.phnompenhpost.com/business/ifc-agrees-875m-loan-vietnam-lao-tourism

ENECO Dynamic Public Company to be listed on LSX of Laos

VIENTIANE (Vientiane Times/ANN) – Laos’ ENECO Dynamic Public Company is planning to raise capital of 40 billion kip by listing on the Lao Securities Exchange (LSX).The petrol company on Friday submitted proposals to the Lao Securities Commission Office and the stock exchange on the sale ...

Times Reporters
http://annx.asianews.network/content/eneco-dynamic-public-company-be-listed-lsx-99796

China Communication Construction eyes rail projects in Asean countries

China Communications Construction Company (CCCC), a major player in China’s “Belt and Road” initiative, said they are looking at rail projects in Asean countries such as Vietnam, Laos and Cambodia, in an effort to expand in trans-Asian rail routes. Keep reading ...

Summer Zhen

Lao-Thai high speed rail link to be operational in 2023

VIENTIANE (Vientiane Times/ANN) – Construction of the Laos-China rail link will be complete in 2021 but this railway will not be connected to the Thai rail network until 2023.A senior Thai government official, Nathporn Chatusripitak, said last week that construction of the Thai-China railway, which ...

News Desk

Party spending won’t have any positive effects on Lao economy

VIENTIANE (Vientiane Times/ANN) – Splurging on unnecessary luxury items and entertainment during Lao New Year will not create any positive lift for the Lao economy as the country is heavily dependent on imported products, a senior economist says.With Laos heavily dependent on imported products, it ...

News Desk

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