Foreigners will be allowed to own condominium units in Laos under a newly amended Law on Land. The new Law on Land has been published on the official Lao Gazette, where Lao laws can be accessed online. Article 132 of the revised law covers the land use rights of condominiums, allowing foreigners the right to purchase […]
Read MoreGlobal tourist arrivals are expected drop by 60-80 percent this year due to the coronavirus pandemic, with local officials predicting a similar outcome in Laos. International visitor arrivals declined by 65 percent or 440 million in the first half of the year, according to a report by the United Nations World Tourism Organisation (UNWTO). Foreign […]
Read MoreThe government has highlighted the issues causing significant adverse impacts on the economy, ranging from the Covid-19 pandemic to global changes and other undesirable events. At the cabinet’s monthly meeting held in Vientiane on September 17-18, authorities were urged to strictly implement measures and closely monitor people entering Laos to prevent a second wave of […]
Read MoreFinancial and technical standards have been set which investors are required to fulfil if they want to invest in mining ventures in a move to maximise the national benefit from the projects. Minister of Energy and Mines Dr Khammany Inthilath recently signed the instruction on the standards for mining exploration and survey investment. The standards […]
Read MoreJapan has announced that foreign residents can travel in and out of Japan to certain countries, including Laos. Foreign residents have been allowed to travel in and out of Japan since 1 September under a scheme that Japan refers to as its “travel bubble.” On 8 September, Japan announced that its bubble had been extended […]
Read MoreThe regional textile industry has come under near-term threat from the global Covid-19 outbreak, especially for key producer Cambodia. Sian Fenner, lead Asia economist at Oxford Economics, noted in a recent report that lockdowns adopted to contain the spread of the virus “have had a severe impact on manufacturing and exports” in Cambodia, Laos, Myanmar […]
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