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Major eyeing CLMV to help drive revenue

SET-listed Major Cineplex Group Plc, operator of the country’s largest cinema chain, is set to expand into Myanmar next year to help boost revenue. After the successful expansion in Laos and Cambodia this year, Major Cineplex is planning to expand its cinemas to Myanmar next year, according to chairman Vicha Poolvaraluck. The company’s cinema expansion […]

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Laos, Vietnam vow to increase bilateral trade

Laos and Vietnam have agreed to work together to increase the volume of trade between the two neighbours, a senior government official has said. The agreement was reached at a meeting held in Vientiane last week between Laos’ Ministry of Industry and Commerce and Vietnam’s Ministry of Industry and Trade. The two sides agreed to […]

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Laos-China Railway Confirmed to Be Completed by End of 2021

(KPL) Mr Chen Jiandong, an inspector of International Cooperation Department, China Railway, confirmed last week that the construction of the Laos-China railway will be completed by the end of 2021. Conducting construction activities in northern Laos is more challenging for contractors because there are many mountains and many tunnels need to be drilled in mountainous […]

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Laos: Corruption causing major loss to the nation

The state lost more than 480 billion kip through corruption over the past five years, and this directly affected national development and poverty reduction efforts in Laos, the State Inspection Authority (SIA) has said. The SIA uncovered the misappropriation in different sectors due to officials taking bribes and abusing power for their personal gain as […]

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Agreement with Laos to import electricity

Electricite du Cambodge has signed an agreement with Laos to import 115 kilowatts of electricity from Laos to Preah Vihear province, and on to Kampong Thom and Oddar Meanchey provinces. The EDC posted on its Facebook page that the agreement was signed on Tuesday in Vientiane by EDC director Keo Rattanak and Laos’ minster of […]

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Laos, Vietnam vow to cement bilateral ties

Lao and Vietnamese leaders have vowed to work together to further cement the special relations between the two neighbours as Laos’ top leader pays an official goodwill visit to Vietnam. Secretary General of the Lao People’s Revolutionary Party and President of the Lao PDR Bounnhang Vorachit is leading a high-level delegation on a visit to […]

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