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Laos: Govt struggles to address budget deficit

The government has cleared a plan to lower its budget deficit for 2018 but it still requires more funds to repay domestic and overseas loans. The Deputy Prime Minister and Minister of Finance, Mr Somdy Duangdy, presented the government’s plan to address the deficit at the first joint meeting between the National Assembly’s Eighth Legislature […]

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Laos: Govt struggles to address budget deficit

The government has cleared a plan to lower its budget deficit for 2018 but it still requires more funds to repay domestic and overseas loans. The Deputy Prime Minister and Minister of Finance, Mr Somdy Duangdy, presented the government’s plan to address the deficit at the first joint meeting between the National Assembly’s Eighth Legislature […]

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Laos: Malaysia Ranks 4th Largest FDI in Laos

(KPL) Malaysia has been ranked the 4th largest foreign direct investor in Laos following China, Vietnam and Thailand with many Malaysian investment projects reported in hydropower industry and special economic zones. Malaysia Ambassador to Laos Mohd Aini Atan told Mrs Khemmani Pholsena, Minister of Industry and Commerce on Wednesday that Malaysian investors were keen to continue […]

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