Mini Big C in Laos is preparing to stock a greater variety of products made in Laos for distribution in their branches around the country. According to a Memorandum of Understanding signed in Vientiane yesterday at the Ministry of Industry and Commerce, Lao authorities are to actively promote Lao products for distribution across both domestic and international […]
Read MoreSeven shopping centers and two markets in Vientiane Capital have agreed to reduce their reliance on single-use plastic under a plan expected to commence next year. Lao Post reports that the project will see reduced plastic consumption and a ban on plastic bags at participating shopping centers and markets. Acting Head of Vientiane Capital Natural Resource and […]
Read MoreThe 10th ordinary session of the National Assembly (NA)’s 8th legislature wrapped up on Tuesday after approving economic recovery policies and five laws. During the three-week session, members debated measures presented by the government to overcome economic difficulties and the debt burden, which have been exacerbated by the Covid-19 pandemic. Speaking at the closing ceremony, […]
Read MoreThe Lao government has announced that additional bonds worth 3.2 trillion kip ($346 million) and $50 million will be available for trade on the Lao Securities Exchange (LSX) through the co-arrangers Lanexang Securities Public Company, BCEL-KT Securities Co Ltd, and Lao-China Securities Co Ltd. A news conference on the offering of the bonds took place […]
Read MoreThe Government of Laos has given the green light for a planned Vang Vieng to Luang Prabang expressway, reducing travel time between the two tourist towns. Vientiane Times reports that the newly approved expressway, part of a larger scheme to link Vientiane with China by road, would see a 136.9km section from Vang Vieng to Luang Prabang. […]
Read MoreThe government is optimistic that the economy will grow by 4-4.5 percent next year despite complex global changes and Laos’ financial difficulties. To ease budgetary tensions, the government will focus on attracting private investment to boost economic growth and poverty reduction efforts. Domestic and foreign investment currently represents more than 50 percent of the […]
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