The Lao government has expressed an interest to attract more domestic and international investments to relieve the country’s financial woes during the ongoing 5th Ordinary Session of the 9th National Assembly Legislature. Prime Minister Sonexay Siphandone revealed at the NA Session on Monday that the total investment value in Laos will reach LAK 159 trillion (over USD […]
Read MoreNational Assembly members have called on the government to take stronger action to handle spiralling inflation and currency exchange rates to minimise the hardships faced by the general public. Senior government officials were bombarded with questions by NA members, who expressed their concern over the continuing dire state of the economy, with more and more […]
Read MoreOperators of Laos’ Thanaleng Dry Port and Malaysia’ Perlis Inland Port are seeking cost-effective logistics and transport link to boost trade and investment between the countries and beyond. The Managing Director of Laos’ Thanaleng Dry Port, Sakhone Philangam (right), and Group Managing Director and CEO of Mutiara Perlis Sdn Bhd (MPSB Company) Mr Wan Ahmad […]
Read MoreThe first shipments arrived in Laos this week after an MoU was signed between the Vientiane Petroleum State Enterprise, SINOPEC Hong Kong, and SINOLAO on 26 May, to import fuel from China. The MoU which was signed between the three parties laid out the principles of cooperation in importing fuel for wholesale and retail distribution in Laos. […]
Read MoreThe ongoing Fifth Ordinary Session of the Ninth National Assembly Legislature has seen numerous issues raised to the government, with constituents recommending measures to resolve pressing economic and social issues faced by the country. Constituents came together during the National Assembly session today to address some of Laos’ most pressing issues, such as inflation, currency […]
Read MoreNational Assembly members from various constituencies commented on the government’s socio-economic development plan, state budget plan, and monetary plan during the ongoing 5th ordinary session of the 9th National Assembly in Vientiane Capital, and urged for measures to assist its suffering economy. Mrs. Saysomsuen Photisan, a NA member from Savannakhet asked the government to increase […]
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