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Laos, Thailand agree on master plan

THAILAND AND Laos have agreed to draw up a a five-year master plan to double the value of bilateral trade and investment to US$10 billion (Bt344 billion) by 2021. Deputy Prime Minister Somkid Jatusripitak announced the deal yesterday after an official meeting with Laotian Deputy PM and Finance Minister Somdee Duangdee in Vientiane. “We will […]

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Laos: Govt takes step to develop VungAng Seaport

The government has instructed relevant sectors to study the establishment of a Lao joint state-private company to join its Vietnamese counterpart to develop a seaport in Vietnam, the government spokesman has said. The instruction was made at the two-day monthly cabinet meeting for May that closed on Tuesday at the Prime Minister’s Office, the government […]

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Thailand: Private sector wants say in new excise tax

The Thai private sector wants to play a part in drafting the organic laws of the new excise tax law, citing concerns about its practicality once in place. Kitipong Urapeepatanapong, chairman at Baker & McKenzie in Bangkok, said in his capacity as chairman of the tax committee and director of the Thai Chamber of Commerce, […]

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