logo
Read More

ADB to support inclusive, sustainable growth in Laos

The Asian Development Bank’s (ADB) Board of Directors will deliver US$421 million in assistance through 2020 to Laos to support a new 4-year country partnership strategy. The new partnership strategy will help Laos achieve more inclusive and sustainable economic growth by diversifying its economy, increasing trade with its neighbours, and boosting private investment in small- […]

Read More
groff
Read More

$64b GMS action plan

Cambodia as a member of the six-nation Greater Mekong Sub-region (GMS) endorsed a five-year action plan framework that includes $64 billion in projects to help the sub-region achieve inclusive growth and sustainable development. Ministers at the 22nd GMS Ministerial Conference on Friday celebrated 25 years of economic cooperation, acknowledging the achievements of an Asian Development […]

Read More
logo
Read More

Laos: Investment climate improvements intensifying, deputy minister says

The government has intensified efforts to improve the business climate in an attempt to promote greater investment and drive growth in the domestic economy. The recently established Central Investment Promotion and Management Committee has been holding regular meetings to discuss issues to better facilitate investment, Deputy Minister of Planning and Investment Dr Kikeo Chanthabouly told […]

Read More
logo
Read More

Laos: Govt aiming for trade surplus next year

The government has forecast that Laos will record a trade surplus of US$37 million next year due to various factors further boosting exports. Minister of Planning and Investment Dr Souphanh Keomixay told Vientiane Times on Monday that hydropower will be one of the main drivers driving exports. The prices of minerals and some agricultural products have seen […]

Read More