Thai Perfume Company “Ceresa” Penetrates Lao Markets
(KPL) Ceresa Thai Perfumes, a main sponsor of Miss Laos Contest 2019, on Mar 10 opened its country branch at ITECC Mall, Vientiane on the sidelines of Top Thai Brands 2019.Ceresa-branded perfumes have been available in Laos since late 2018 and our customers here are both ...
KPL
Lao banking industry updated on financial regulations
VIENTIANE (Vientiane Times/ANN) – The Lao banking sector is working to improve regulations and update preparations for implementing the Basel II principles, including learning about the International Financial Reporting Standard (IFRS 9).IFRS 9 is promulgated by the International Accounting Standards Board (IASB) and addresses accounting ...
News Desk
Lao eyes private investment of 23,086 billion kip this year
VIENTIANE (Vientiane Times/ANN) – The government expects domestic and foreign private investment to climb to 23,086 billion kip in 2019, accounting for 52.06 percent of total investment or 13.95 percent of GDP.More ...
News Desk
Lao electricity exports increase, while imports fall
VIENTIANE (Vientiane Times/ANN) – The generation of electricity by Laos for domestic supply and export increased in the first quarter of this year, while imports dropped.Laos earned US$422 million from electricity exports in the first quarter of this year, an increase of 10.2 percent compared ...
News Desk
http://annx.asianews.network/content/lao-electricity-exports-increase-while-imports-fall-98723
Newly explored cave could be Laos’ largest
VIENTIANE (Vientiane Times/ANN) – A group of Japanese experts say the little known Phaka cave in Namfeuang village, Maed district, Vientiane province, could be the largest cave in Laos.The cave, which is located on the Namfeuang River, has been explored by the Japanese over the past ...
Siladda Souliyong
http://annx.asianews.network/content/newly-explored-cave-could-be-laos%E2%80%99-largest-101258
New Laos' Intellectual Property Web Portal Launched
(KPL) On Feb 20, an intellectual property web portal was launched at the Ministry of Science and Technology in Vientiane.The launch was co-chaired by PhD. Khanlasy Keobounphanh, Director General, Department of Intellectual Property, Ministry of Science and Technology and Mr. Daniel Fitzpatrick, Chief of Party, ...
KPL
US to Cease Issuing Visas to Laos Citizens Following Deportation Row
The Trump administration has ordered suspension of the issuance of certain visas to citizens of Laos after the country refused to take back its persons deported from the United States.More ...
The Laotian Times
What is the Cambodia-Lao PDR-Vietnam Development Triangle Area?
With globalisation in full force, more and more Southeast Asian countries are beginning to realise the importance of economic cooperation for the sake of economic growth. This is in contrast to what is happening in the West as countries like the United States (US) rolls ...
Chinese investors reconsider plantations as profits prove elusive in banana business
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 ...
Govt eyes provision of more workers for Kuwait
The message was delivered by Minister of Labour and Social Welfare, Dr Khampheng Saysompheng, during a visit on Tuesday by Kuwait Minister of Social Affairs and Labour and Minister of State for Economic Affairs, Mrs Hind Subaih Barrak Al-Subaih.During the official visit, the main focus ...
Phetphoxay Sengpaseuth
Laos to Join Regional Electric Vehicle Boom
Laos has launched a new electric vehicle project, joining its neighbors in Southeast Asia where the growth of the EV market is set to boom.Electricite du Laos (EDL) and Vientiane-based EV Lao Company have teamed up for the project, which is designed to compare operating costs between ...
The Laotian Times
https://laotiantimes.com/2019/08/26/laos-to-join-regional-electric-vehicle-boom/
Lao Govt okays debate on medicinal marijuana
VIENTIANE (Vientiane Times/ANN) – The government has given a green light to debate and study the possibility of using marijuana for medicinal purposes.The Prime Minister’s Office last week issued an announcement entrusting the Ministry of Foreign Affairs in collaboration with the Ministry of Health and other ...
Souksakhone Vaenkeo
Dozens of earthquakes reported in northwestern Laos
(KPL) Up to 33 earthquakes were reported between early morning and afternoon of November 21, according to the announcement of the Department of Hydrology and Meteorology, Ministry of Natural Resources and Environment.The strongest earthquakes of the day measured 6.4 on Richter scale at 6.50 am, ...
KPL News Desk
Laos urges taxpayers to limit cash payments
Taxpayers are being encouraged to pay their dues electronically via commercial banks as part of its efforts to plug financial loopholes, the Ministry of Finance has announced.Deputy Prime Minister and Minister of Finance, Somdy Duangdy, told Lao media recently that the government has introduced several ...
Somsack Pongkhao
Lao growth remains reliant on infrastructure development
VIENTIANE (Vientiane Times/ANN) – Laos’ economic growth will continue to be driven by the construction of large infrastructure projects and the operation of power plants in the short- to medium-term.The World Bank recently projected that growth in the construction and service sectors would remain robust ...
Somsack Pongkhao
http://annx.asianews.network/content/lao-growth-remains-reliant-infrastructure-development-102626
Authorities redoubling efforts to legalise Lao workers in Thailand
All Lao workers who return home to register with the authorities will need to get work permits and passports from labour officials so they can legally work in Thailand. The Ministry of Labour and Social welfare recently ordered all its provincial departments to provide free ...
Phetphoxay Sengpaseuth
Lao NA pushes for greater government accountability
VIENTIANE (Vientiane Times) – The National Assembly has been playing a greater role in holding the Lao government accountable, which reflects positively on good governance, according to a report from the United Nations in Laos.The UN, which is one of the largest aid providers in ...
Ekaphone Phouthonesy
http://annx.asianews.network/content/na-pushes-greater-government-accountability-101858
Asean Business Awards Laos promote outstanding entrepreneurs
VIENTIANE (Vientiane Times/ANN) – The 18 winners of the Asean Business Awards (ABA) Laos 2019 were officially acknowledged as talented economic players with great potential for domestic business expansion as well as within the Asean business community.Deputy Prime Minister and Minister of Finance Mr Somdy ...
Lao workers benefitting from improved labour policies
VIENTIANE (Vientiane Times/ANN) – Labour authorities say Lao workers have benefited from greater support in recent years and the majority of young people can now access some form of job skill development.For several years, the Ministry of Labour and Social Welfare has been attempting to ...
Phetphoxay Sengpaseuth
Laos, Japan mull improvements to Vientiane bus services
Lao and Japanese cooperation has been improving public transport services in Vientiane through a project which is upgrading the bus management system implemented by Eagle Bus Company of Japan. The issue was discussed at a final report meeting of the “Verification Survey for the Bus ...
Vientiane Times