The value of coffee exported by Laos is expected to exceed US$112 million in the 2017 fiscal year, an increase of 3 percent compared to 2016. Coffee exports topped US$74 million in the first six months of this year, an increase of US$50 million compared to the same period in 2016. Favourable weather and increasing […]
Read MoreEven though Laos’ special and specific economic zones (SEZs) play a significant role in driving economic growth, revenue generated from the sector has failed to meet the set target. Authorities planned to collect US$7.34 million through tax obligations and dividends from government share holdings in the SEZs for 2017, according to the latest report from […]
Read MoreThailand is to provide the know-how and expertise to help develop community-based tourism (CBT) in Laos, Cambodia and Bhutan. This will be the first time the three countries are working closely with Thailand specifically on CBT development, after joining forces on cross-border tourism, logistics and connectivity, and environment issues. Chuwit Mitrchob, deputy director-general at the […]
Read MoreLUANG PRABANG, Laos — An ambitious $6 billion high-speed railway project in Laos that would link China with the Laotian capital of Vientiane on the Thai border is meant to be a symbol of cooperation under Chinese President Xi Jinping’s flagship Belt and Road Initiative. But with Beijing calling the shots and leaving out locals, […]
Read More(KPL) The Prime Minister’s Office, together with the Ministry of Energy and Mines held a consultation meeting with stakeholders to the new mining law. The World Bank’s Hydro-Mining Technical Assistance Programme and Australia together supported the meeting, which heard views from a diverse group of stakeholders, including Lao government ministries, the Lao National Assembly, international donors, […]
Read More(KPL) Laos’ economic growth is projected to further moderate to 6.7 percent in 2017 as strong exports are weighed down by slowdown in investment, weaker tourism and stronger controls over government spending, World Bank said in its October 2017 edition of the “East Asia and Pacific Economic Update”. An additional 250 mw of power generation […]
Read More
Thailand
