News

VIENTIANE (Vientiane Times/ANN) – The Bank of the Lao PDR (BOL), the country’s central bank, officially launched the new joint venture Lao National Payment Network Co Ltd (LAPNet) in collaboration with seven major banks.The company aims to create a more efficient system of payments and ...

BUSAN, Nov. 27 (Yonhap/KPL) — The leaders of South Korea and the five Mekong nations agreed Wednesday to prioritize cooperation in seven fields, stepping up efforts for synergy between Seoul’s development experience and Mekong’s huge growth potential.The seven sectors are culture and tourism, human resources ...

VIENTIANE (Vientiane Times/ANN) – Laos’ film industry will get a major boost in the coming years after the introduction of the Law on Film, according to the Minister of Information, Culture and Tourism, Prof. Dr Kikeo Khaykhamphithoune.Prof. Dr Kikeo, who assumed the top post at ...

Damage to property in Hongsa and Xaysathan districts of Xayaboury province has been estimated at over 2 billion kip after at least 300 families were affected by an earthquake last week.Director of the province’s Labour and Social Welfare Department, Mr Nouphone Xaypanyachith, said two earthquakes ...

(KPL) More than 100 researchers and health professionals from Laos, Thailand, Myanmar, Vietnam, Cambodia, Malaysia, India, the Philippines, Australia, France and, for the first time, China met in Vientiane Capital on Nov 27-29 to lay the foundations for a regional network to fight chronic hepatitis, ...

(KPL) The Nam Theun 2 Power Company and the French Research Institute for Development (IRD) have signed an agreement for scientific and technical cooperation to promote scientific monitoring of aquatic ecosystems within the Nam Theun 2 basin.The signing ceremony of the agreement was held on ...

VIENTIANE (Vientiane Times/ANN) – The Nam Pha Gnai hydropower plant in Xaysomboun province has officially begun generating electricity after construction was completed in September.An opening ceremony took place last week in Pha Noi village, Long Chaeng district, Xaysomboun province, attended by Politburo member and Head ...

South Korean President Moon Jae-in said Tuesday his country will help Laos achieve its goal of becoming a “transportation and logistical hub” in the region.He made the commitment in bilateral talks with Laotian Prime Minister Thongloun Sisoulith in Busan, some 450 kilometers southeast of Seoul. ...

VIENTIANE (Vientiane Times/ANN) – Laos will continue to work towards the Sustainable Development Goals (SDGs) in all sectors as well as intensify capacity building and awareness-raising in the area of climate change.Speaking on Tuesday at the closing ceremony of the Round Table Implementation Meeting 2019, ...

VIENTIANE (Vientiane Times/ANN) – The government has asked the National Assembly to approve an amendment to the Law on Enterprise Bankruptcy, hoping that the change will improve the business climate in Laos.Minister of Justice Mr Xaysy Santivong on Tuesday presented a draft of the revised ...