Small and medium enterprises (SME)

(KPL) The European Union (EU) has supported  EUR 5 million for export competitiveness and job creation in the Lao PDR by launching the ASEAN Regional Integration Support-Lao PDR  Trade-Related Assistance(ARISE Plus-Lao PDR) in Vientiane on Sept 9.This four-year action will be implemented in partnership with the Ministry ...

VIENTIANE (Vientiane Times/ANN) – A meeting of the board of directors of the EDL Generation Public Company (EDL-Gen) last month did not approve the payout of a dividend as the company’s earnings over the first six months of 2019 showed a loss of 147.15 billion ...

The Lao Securities Exchange (LSX) has designated Phousy Construction and Development Public Company (PCD) as an “Unfaithful Disclosure” Corporation, after PDC failed to disclose its semi-annual and annual 2018 reports via LSX disclosure portal.The “Unfaithful Disclosure” warning signal will be displayed on the symbol of ...

VIENTIANE (Vientiane Times/ANN) – A large number of Lao businesses that produce goods for the domestic market are at a disadvantage because nothing has been done to control the influx of illegally imported goods.“Many Lao firms are suffering from lost business because they can’t compete ...

VIENTIANE (Vientiane Times/ANN) – Laos has sought funding from the Vietnamese industry and trade ministry to build three strategic markets at borders with Vietnam in the north, centre and south of Laos.The proposed plan will help bolster cross-border trade. It will also be a step ...

VIENTIANE (Vientiane Times) – The Champassak provincial Small and Medium Enterprises Service Centre (SSC) aims to strengthen the capacity of SMEs in the southern provinces towards business expansion and enhanced competition in the region.The centre was officially opened on Wednesday. The ceremony was attended by ...

VIENTIANE (Vientiane Times/ANN) – Laos and Vietnam are hoping to increase bilateral trade by 10 to 15 percent during 2019, with total trade last year valued at US$1.03 billion.Last year’s figure exceeded the plan by 10 percent. Two-way trade between Laos and Vietnam in the ...

VIENTIANE (Vientiane Times/ANN) – The Ministry of Industry and Commerce will continue efforts to improve or remove unnecessary measures and regulations relating to exports and imports to bolster cross-border trade.Officials in charge of trade facilitation met in Vientiane last week for the 2nd Trade Facilitation ...

VIENTIANE (Vientiane Times/ANN) – A World Bank survey has suggested that Small and Medium-sized Enterprises (SMEs) in Laos face a range of constraints, most notably difficulty accessing finance, the practices of informal competitors, and electricity outages.Access to finance has become even more difficult over the ...

VIENTIANE (Vientiane Times/ANN) – The newly launched transit freight train service requires more cargo shipments from Laos to Thailand to be successful.The train can carry 10 to 20 containers in and out of the country, but it appears that the number of exporters is smaller ...