Economy and commerce

Small and medium enterprises (SME)

Cost of farmed fish exceeds price set by Lao government

VIENTIANE (Vientiane Times/ANN) – The price of farmed fish on sale in Vientiane markets is now higher than the price set by the government after many fish farmers suffered losses during the recent floods.Adding to their woes are the higher costs they incur in raising ...

News Desk
http://annx.asianews.network/content/cost-farmed-fish-exceeds-price-set-lao-government-105206

Solutions Expo to be Held on 27-28 September 2019

After last year’s well-received first event in Luang Prabang, the second Sustainable Tourism Solutions Expo (STSE) will take place this week in Vientiane on 27-28 September 2019 at the Crowne Plaza. The STSE is the region’s leading specialized fair for the tourism industry to celebrate, explore, ...

The Laotian Times
https://laotiantimes.com/2019/09/24/second-sustainable-tourism-solutions-expo-to-be-held-on-27-28-september-2019/

CAEXPO fosters trade, investment, tourism, understanding

VIENTIANE (Vientiane Times/ANN) – The China-Asean Expo (CAEXPO) has significantly contributed to cooperation in trade, investment and tourism between Asean and China over the past 16 years, Deputy Prime Minister Dr Sonexay Siphandone said on Saturday when addressing the opening ceremony of the 16th expo ...

Manichanh Pansivongxay
http://annx.asianews.network/content/caexpo-fosters-trade-investment-tourism-understanding-104807

Laos to stop quality testing of electronic, electric appliances

VIENTIANE (Vientiane Times/ANN) – The government has mandated to abolish quality tests for electronic and electrical appliances which are imported through the Lao-Thai Friendship Bridge I. Ever since its implementation, this move seems to have impacted the business sector. This has led to the rise in ...

News Desk
http://annx.asianews.network/content/laos-stop-quality-testing-electronic-electric-appliances-104729

LSX explains workings of capital market to investors

VIENTIANE (Vientiane Times/ANN) – Investors, brokers, finance students and representatives of registered companies spent two days at the Lao Securities Exchange (LSX) trying to gain insights into the capital market from noted Laos and Thai speakers.This year’s investment gateway-2019 ‘Business expansion in the capital market’ ...

Bounfaeng Phaymanivong
http://annx.asianews.network/content/lsx-explains-workings-capital-market-investors-104556

Laos, China to stage joint technology expo

VIENTIANE (Vientiane Times/ANN) – The Laos-China Science and Technology Exhibition will take place in Vientiane from October 11-16, giving both nations the chance to showcase the latest innovations to the public.The expo at the National Convention Centre will serve as a platform for the two ...

Phetphoxay Sengpaseuth
http://annx.asianews.network/content/laos-china-stage-joint-technology-expo-104461

Lao PM signs SME fund decree

VIENTIANE (Vientiane Times/ANN) – The government has issued a prime ministerial decree to establish a Small and Medium-Sized Enterprise Promotion Fund, hoping the intervention will boost business access to finance.Prime Minister Thongloun Sisoulith on September 4 signed the SME Promotion Fund decree giving a strong ...

Ekaphone Phouthonesy
http://annx.asianews.network/content/lao-pm-signs-sme-fund-decree-104380

Local SMEs urged to produce premium goods for int’l markets

VIENTIANE (Vientiane Times/ANN) – Small and Medium Size Enterprises (SMEs) in Laos have to strengthen their capacity to produce premium goods for the international market as their only realistic option, according to an official from International Trade Centre (ITC).“Laos cannot do a big volume at ...

Ekaphone Phouthonesy
http://annx.asianews.network/content/local-smes-urged-produce-premium-goods-int%E2%80%99l-markets-104200

Laos limits rice exports due to short supply

VIENTIANE (Vientiane Times/ANN) – Many agricultural promotion companies in Laos have limited their rice exports because of the supply shortage in the domestic market despite high demand from overseas.High rice prices and the impact of flooding within the country this season are the main reasons ...

News Desk
http://annx.asianews.network/content/laos-limits-rice-exports-due-short-supply-104201

Kingdom okays 2,400MW power purchase from Laos

A cabinet meeting on Wednesday decided that the government will purchase 2,400MW of electricity from Laos.A briefing document uploaded by government spokesman Phay Siphan to his Facebook page confirmed this.It said Cambodia will buy exclusive power from two coal-fired power plants in Laos – TSBP ...

Thou Vireak
https://www.phnompenhpost.com/business/kingdom-okays-2400mw-power-purchase-laos

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