Economy and commerce

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 ...

Improved domestic cross-border transport and logistics, coupled with widening and deepening demand for clean, green vegetables and fruit both in neighboring China and across the emerging economies of Asia presents a host of potential niche opportunities for Laos to capitalize upon, an audience in Vientiane ...

The Ministry of Industry and Commerce has postponed the implementation of a new business registration system which Prime Minister Thongloun Sisoulith had requested in February.More ...

The Bank of Laos (BOL) has issued a notice warning the public against the use of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, which are unregulated currencies that are not tied to physical cash reserves.More ...

“It’s getting harder to expand the bamboo handicraft market because of a shortage of raw material,” said the owner of a business that is feeling the effects, the Phai Exclusive brand.More ...

Prime Minister Thongloun Sisoulith has ordered ministers, the Vientiane mayor and provincial governors to implement eight measures to stimulate economic growth. The measures have been designed to boost socio-economic development over the rest of the year and in 2019, amid budgetary tension.More ...

SET-listed Major Cineplex Group Plc, the operator of the country’s largest cinema chain, has clinched a deal with TK Group in Laos to open its newest cinema abroad, strengthening its position as a regionalMore ...

The National Assembly (NA) has told the government to formulate legislation to manage and attract more investment in the form of public-private partnerships (PPP), and Build-Operate-Transfer (BOT) projects to drive development.More ...

More than 2,715.8 billion kip will be sourced and allocated for the promotion of small and medium enterprises (SME) to facilitate better access to finance to grow their businesses. In this regard, the government will allocate 200 billion kip from the state budget. The remaining ...

The private sector is a key bulwark for the government’s efforts and achievements in performing its task as a facilitator for business and socio-economic development, Prime Minister Thongloun Sisoulith told members of the business community at the 11th Lao Business Forum yesterday. The Prime Minister ...