Economy and commerce

Agriculture is expected to grow by 2.0% this year, while electricity generation is expected to increase by 8%, with mining outputs projected to decline by 2.0%.Economic growth for the Lao People’s Democratic Republic (Lao PDR) is expected to moderate in 2018, as agriculture and mining ...

Jakarta,  (ANTARA News) – The Indonesian Embassy in Vientiane held an investment forum to encourage Indonesian businessmen to invest in Laos, according to a statement from the embassy received by Antara here Tuesday.More ...

Thailand’s Deputy Prime Minister said that Thai government has no means to increase the import of electricity from Laos, but instead to develop transmission lines to Malaysia and Singapore for power distribution.More ...

Strong action is being taken to improve Laos’ ease-of-doing business (EDB) climate, the Minister of Planning and Investment told a meeting last week.More ...

Centara, Thailand’s leading hospitality group led by Suthikiati Chirathivat, Chairman of the Board, has inked a management MOU with Asia Investment, Development & Construction Sole Co., Ltd (AIDC), a well-established investment and construction company in Laos. The agreement paves the way for Centara to enter into management agreements for three ...

The Governor of the Bank of the Lao PDR has gained legal backing to chair the central bank’s top policy and decision-making body. More ...

VIENTIANE — The Lao Government and Việt Phương Group (VPG) from Việt Nam on Tuesday signed a contract for exploiting and processing bauxite ore and building an alumina factory in Laos’ Sekong province. With total investment of about US$650 million, this will be Việt Nam’s biggest ...

(KPL) Over 50 producers and entrepreneurs from southern provinces of Thailand have participated in the Southern Thailand Best Product @ Vientiane event held in Vientiane Capital. To be held through Sep 15 at Vientiane Center, Vientiane Capital, the exposition aims to promote trade and investment  More ...

The government will not consider new investment proposals from businesses wanting to set up fuel import/export operations, a senior official at the Ministry of Industry and Commerce official has said.More ...

(KPL) IFC, a member of the World Bank Group, is accelerating its support to the Lao government in improving the climate for investment and doing business in the country. A more predictable and transparent business environment will help attract more foreign direct investment (FDI), generate ...