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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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GMS ministers to meet in Siem Reap

The second Greater Mekong Subregion Agriculture Ministers Meeting will be held in Siem Reap province early next month, with agro-food products, exploring new markets for agricultural products and solving issues in the sector expected to be high on the agenda. The meeting of agriculture ministers will be held from September 6 to 8 in Siem […]

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Laos, Cambodia, Vietnam parliaments vow development push

Enhancing parliamentary oversight of cooperation for the triangle development area was discussed by representatives of the National Assemblies of Cambodia, Laos and Vietnam (CLV) in Vientiane this week. The sixth meeting of the Foreign Affairs Committees of the National Assemblies of the three countries is being held in the capital during August 1-4. In his […]

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Singapore carrier plans to fly to Cambodia, Laos

Singapore-based airline Scoot, a low-cost carrier, announced its intention to expand its services into Cambodia and Laos, according to a report in Thai newspaper the Nation. Currently, Scoot has scheduled flight services to 65 destinations including Vietnam, Myanmar and Thailand. The company said that it has plans to include flights to Cambodia and Laos over […]

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