Monday, March 25, 2019

Central bank urged to stabilise the kip

The Bank of the Lao PDR must introduce more concrete measures to keep the value of the kip stable, otherwise the country will face...

Lao PDR’s Macroeconomic Stability Amidst Uncertainty

  (KPL) Economic growth in the Lao PDR is estimated at 6.5 per cent in 2018 down from 6 9 per cent in 2017, in...

Tariff cuts have no significant impact on revenue collection

The government is still expecting the customs sector to play a key role in generating income even though Laos has eliminated import tariffs on...

Australia approves AUD4.5 million for business, trade improvement

Laos is now actively working to improve the business environment and facilitate trade as part of supporting the government’s policy to improve the ease...

Two new Savannakhet bridges heading for May handover

The new Xekoumkam and Xethamuak bridges along National Road No. 9 in Savannakhet province are approaching 80 percent completion with the official in charge...

PM Attends 33rd ASEAN Summit In Singapore

From left: Malaysian PM Mahathir Mohamad, Myanmar State Counsellor Aung San Suu Kyi, Philippine President Rodrigo Roa Duterte, Vietnamese PM Nguyen Xuan Phuc, Singapore...

Laos, China ink US$4.5 million deal on cooperation projects

The Lao and Chinese governments have signed a funding agreement designed to finance a range of projects under the Mekong-Lancang cooperation framework. Deputy Minister of...

New roads set to improve trade, living standards

Motorists should enjoy reduced travel times in the capital when the construction of road links between the That Luang marsh area and other roads...

Market to decide 5G service in Laos: telecom official

The Ministry of Post and Telecommunications will rely on market mechanisms to decide whether the country will launch a 5G service, according to a...

Govt satisfied with Visit Laos Year 2018 campaign

Laos ran a successful Visit Laos Year 2018 campaign to attract tourists from around Laos and other countries, which saw visitor numbers increase significantly...