Economy and commerce

Improving the investment climate, and building a state governed by the rule of law will be the main focus of government activities in the first month of 2019.The government stressed the need for authorities in charge to coordinate with related sectors to study these problems, ...

The Ministry of Finance, on behalf of the government, has officially announced its first trading of government bonds on the Lao Securities Exchange (LSX) in a bid to promote the capital market in Laos.More ...

The Ministry of Planning and Investment has pledged to intensify action to speed up the consideration and approval of investment projects after learning that it typically took longer than the timeframe stipulated by law.In a document submitted to the National Assembly last week, the ministry ...

VIENTIANE, Dec. 24 (Xinhua) — Laos has not fully benefited from the recent regional economic integration as its share of trade with ASEAN nations has declined, according to the National Institute for Economic Research (NIER), a Lao think tank.The nation’s share of trade with other ...

Lao-Jagro Development XiengKhuang Co., Ltd. on Thursday signed an agreement with the government to expand investments in pasture planting, cattle farming, slaughterhouses and milk production. Under the agreement with the Ministry of Planning and Investment, land concessions totaling 3,552 hectares will be granted to the company ...

Prime Minister Thongloun Sisoulith told the National Assembly (NA) that the government will thoroughly scrutinise state investment projects to prevent money from being spent on highly unnecessary projects as was the case in past years.“In 2019, the government will emphasise quality investment,” he told the ...

Thailand and Laos aim to increase bilateral cooperation in three areas — politics and security, the economy, and society and development — at the 3rd Joint Cabinet Retreat (JCR) on Thursday in Vientiane, More ...

The government has told the National Assembly (NA)that Laos needs to have an electronic signature law in place to boostE-commerce and facilitate E-governance.Presenting the drafted electronic signature law to the NA’s ongoing 6th ordinary session yesterday for debate, Minister of Post and Telecommunications Thansamay Kommasith ...

Representatives from Laos and Japan yesterday discussed several key issues to improve the investment environment in the country.Aims of the 12th meeting of the Laos-Japan Public and Private Sectors Joint Dialogues in Vientiane included seeking solutions to problems faced by Japanese business people and investors ...

Individuals and legal entities who do not run a financial institution should not be permitted to operate currency exchange businesses as their operation has affected the value of the national currency. National Assembly (NA)’s members made the suggestion when debating the amendment draft to the Law ...