The government will require 14.23 trillion kip in response to a budget deficit for 2017 after finding that the country will face a revenue shortfall again this year. The Deputy Prime Minister and Minister of Finance, Mr Somdy Duangdy was speaking at the National Assembly’s Ordinary Session in Vientiane yesterday, describing the government’s plans to […]
Read MoreA review of the implementation of the National Socio-Economic Development Plan for 2017, discussions on plans for the coming year and introduction of draft laws up for debate were on the agenda as the National Assembly (NA) kicked off its fourth ordinary session yesterday in the capital. President Bounnhang Vorachit, Prime Minister Thongloun Sisoulith and […]
Read More(KPL) Government has stopped setting an economic growth target that is beyond the actual competence of the country, based on unexpected incomes and intention to achieve a very high economic growth rate as this way of growth planning is either unsustainable or unrealistic, according to Premier. “This is to sustain the macro economy and prevent […]
Read MoreTEMPO.CO, Bogor – Indonesian Trade Minister Enggartiasto Lukita said the government continues to increase trading transactions with Laos. Enggar made the statement following a meeting between President Joko `Jokowi` Widodo and Laos Prime Minister Thongloun Sisoulith at the Bogor Palace, yesterday, Oct. 12. When meeting President Widodo, PM Sisoulith brought 33 Laos businessmen with him to discuss trade cooperation […]
Read MoreJAKARTA, NETRALNEWS.COM – Indonesia Chamber of Commerce and Industry (Kadin Indonesia) said it would target potential investments in neighboring countries. Some ASEAN countries become mainstays in some sectors of labor intensive, education, and food and beverage industries. “It’s not the Laos, but the potential is to make Laos a target for it. For exports to Cambodia, […]
Read MoreLaos and Indonesia have committed to work together with five agreements signed on the occasion of Prime Minister Thongloun Sisoulith’s visit to Indonesia yesterday. Documents were signed following a bilateral meeting between Lao delegation led by PM Thongloun Sisoulith and the Indonesian side led by President Joko Widodo. Memoranda of Understanding (MoU) were signed on […]
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Thailand
