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Laos plans to develop e-commerce

VIENTIANE, March 9 (Xinhua) — The Lao Ministry of Post and Telecommunications has named the development of e-commerce as one of its core strategic goals over the next 10 years. According to the long-term development plan, which has been posted on the ministry’s website, Laos will complete the construction of essential Information and Communications Technology […]

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Lao gov’t promotes investment in potential projects

VIENTIANE, March 5 (Xinhua) — The Lao government has compiled a list of potential development projects to attract domestic and foreign investment, local state-run daily Vientiane Times reported on Monday. According to the list, local and foreign investors are invited with 27 projects in six provinces out of the country’s 18 provinces or cities. The […]

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Low inflation rate recorded in Laos: statistics

VIENTIANE, Feb. 27 (Xinhua) — The Lao National Statistics Bureau said inflation remains low in the country despite rising cost of living. The bureau, a part of the Lao Ministry of Planning and Investment, announced recently that the Consumer Price Index (CPI) was 109.91 points in January, a 0.27 percent change compared to the previous […]

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Laos: Economists highlight opportunities, shortcomings of SEZs

Economists have noted that the establishment of special economic zones (SEZ) by the government has offered both opportunities and challenges for the country’s economic development. Last week, the government called on the National Economic Research Institute –the country’s top think-tank – to carry out a study to identify these opportunities and shortcomings. The institute will […]

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