Economy and commerce

Small and medium enterprises (SME)

PM Thongloun Pushes Laos-made at China International lmport Expo in Shangha

Laos’ Prime Minister Thongloun Sisoulith was in China’s major economic city Shanghai pushing the Made-in-Laos message as the country’s policymakers and entrepreneurs seek to leverage increased connectivity to the massive consumer market on its doorstep at the China International Import Expo.More ...

Laotian Times editor

China starts exporting petroleum to Laos

BOTEN, Laos, Oct. 31 (Xinhua) — With over 64 ton diesel, handed over from PetroChina to a Lao company at Laos-China border, the first export of Chinese refined oil to Lao market was made on Wednesday.PetroChina International (Yunnan) Co. Ltd, a subsidiary of PetroChina group, ...

Yang Yi

Govt revokes import licence requirement for steel, cement 

As of next year steel and cement importers in Laos will no longer need an import licence after the government issued an order calling for an end to the licence requirement.The Ministry of Industry and Commerce has directed the departments of industry and commerce throughout ...

Times Reporters

Simple, Natural, Innovative As BambooLao Straws Slurp Up Tourism Award

Luang Prabang’s very own BambooLao has captured the top prize and a US$10,000 Innovation Grant in the 2018 Mekong Innovative Startups in Tourism (MIST) challenge, which is described as “an elite travel startup competition, supported by the Australian Government and Asian Development Bank, (including) Asia’s most prominent travel-specialized ...

The Laotian Times

Thailand will be both an importer and a co-distributor of electricity from Laos to Malaysia and Singapore

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 ...

VOA editor

Thai Products Promoted In Laos

(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 ...

KPL

Handicraft maker suffers from shortage of bamboo

“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 ...

Souksamai Boulom

Billions allocated to small, medium enterprise promotion  

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 ...

Souksakhone Vaenkeo

Self-sustaining, pushing nation’s performance, PM calls business

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 ...

Vientiane Times

SME promotion policy improvements win cabinet support

The government cabinet has announced improved policies to enable small and medium enterprises (SMEs) to access more finance to grow their businesses and boost production. The announcement was the outcome of the cabinet’s monthly meeting for June convened this week at the Prime Minister’s Office. More ...

Souksakhone Vaenkeo

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