News

Products or services the government doesn’t promote, including alcoholic beverages, will be subject to higher taxes if a new law on excise duties comes into force in January 2020. In contrast, lower levies will be imposed on items such as fuel and motorcycles that the government ...

VIENTIANE (Vientiane Times/ANN) – The governments of Laos and the United Kingdom have agreed to further strengthen bilateral ties and increase cooperation in education.This cooperation will support both governments to work together closely to improve the Lao education system to gradually meet regional and international standards.The ...

Foreign companies that export products to Laos will no longer require a domestic business license under new trade regulations issued by the Ministry of Commerce.Mrs Khemmani Pholsena, Lao Minister of Industry and Commerce, issued a ministerial decision on June 6 ending the requirement for a domestic business ...

VIENTIANE (Vientiane Times/ANN) – The generation of electricity by Laos for domestic supply and export increased in the first quarter of this year, while imports dropped.Laos earned US$422 million from electricity exports in the first quarter of this year, an increase of 10.2 percent compared ...

The government has projected that the country’s budget deficit for the first six months of this year could increase to as much as 1.16 trillion kip, intensifying budgetary tension against the backdrop of continuing revenue shortfalls.  If the money to pay the principal amount owed to ...

VIENTIANE (Vientiane Times/ANN) – Foreign enterprises that export goods to the Lao market will no longer need a domestic business licence as the Commerce Ministry has resolved this contentious issue.The Minister of Industry and Commerce, Mrs Khemmani Pholsena, signed a  ministerial decision on June 6 authorising ...

As part of its continual support for investment in Laos, Kasikornthai Bank Ltd, Lao PDR, has offered a financial facility to Bangkok Chain Hospital (BCH), a listed Thai company, for the construction of the 254-bed Kasemrad International Hospital Vientiane, which is scheduled to be operational ...

VIENTIANE (Vientiane Times/ANN) – The government and hydropower project developers have begun exploring the development of model dams that benefit all stakeholders and ensuring their safe operation.The first meeting to discuss and exchange lessons learnt about the issue between the government and dam developers was ...

VIENTIANE (Vientiane Times/ANN) – Laos joined China, other Asean, and neighbouring countries to discuss mutual support in developing police academies and training institutes.The cooperation was discussed during the 3rd China-Asean and Neighbouring Countries Police Academy Presidents Forum Law Enforcement Capacity Building Round Table Meeting in ...

VIENTIANE (Vientiane Times/ANN) – The Siberian Association of International Cooperation from the Novosibirsk region of Russia plans to set up an office in Laos to improve business coordination and cooperation.The plan was unveiled by the association’s President, Mr Pavel Ostroverhov, when he led business operators ...