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Lax registration set to improve Lao business environment

INVESTORS and business operators in Laos will no longer find it so difficult to register their enterprise after the Ministry of Industry and Commerce unveiled a new plan that will cut the registration time to 10 working days. Minister of Industry and Commerce Mrs Khemmani Pholsena issued the ministerial agreement on enterprise registration on January 9 and […]

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Laos eliminates tariffs on most Asean goods

LAO authorities have reduced import tariffs on 8,536 items to zero as part of national efforts in establishing the Asean Free Trade Area, according to a government report. The report, which the Ministry of Planning and Investment distributed recently at a meeting of finance and planning officials, shows the Lao government no longer charges import […]

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Lao PM calls for brainstorming on ways to drive growth

LAO Prime Minister ThonglounSisoulith has called on senior government officials in charge of economic affairs to explore ways to ensure that all revenue streams are fully utilised and to spur economic growth. The premier made the statement at a meeting held to disseminate and encourage the implementation of the resolution agreed at the 7th Plenary […]

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Central banks of Cambodia, Laos discuss cooperation

The central banks of Cambodia and Laos yesterday agreed to strengthen cooperation to boost their banking sectors and train their workforce. Speaking to reporters yesterday after the annual meeting between representatives of the National Bank of Cambodia (NBC) and the Bank of Lao PDR, NBC’ governor Chea Chanto said the two banking institutions agreed to […]

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