Vietnam is to resume flights between countries that have been free of Covid-19 cases for 30 days, with Laos in a list of priority destinations. Vietnamese Prime Minister Nguyen Xuan Phuc stated on Tuesday that flights to and from priority destinations will be allowed to resume, according to a report by Reuters. Destinations cited by the […]
Read MoreThe Lao Ministry of Labor and Social Welfare has instructed employers to ensure workers are fairly compensated despite an economic downturn due to the Covid-19 pandemic. Director-General of the Department of Labor Management, Mr. Phongxaysack Intharath, spoke at a press briefing on Tuesday explaining the steps taken by the Ministry of Labor in assuring payment of employees, […]
Read MoreNikon has published a revised financial forecast, releasing its 2020 fiscal year financial results, and announcing it has had to cut ten percent of its workforce in Laos and Thailand. According to the financial report, the company is seeing a 16.6% drop year on year, with operating profit seeing a drop of almost 92% compared to […]
Read MoreA Singaporean-Lao joint venture has signed a memorandum of understanding with the Lao government for the development of a clean thermal fired power plant in Sekong. Evolution Power Investment Corporation (EPIC) and Khounmixay Bridge and Road Construction and Repair Company (KMX) signed a Memorandum of Understanding with the Government of Laos to conduct a feasibility study […]
Read MoreLao Prime Minister Thongloun Sisoulith has asked the Ministry of Energy and Mines to clarify the pricing structure for electricity tariffs amid widespread public complaints. Speaking at the monthly government meeting last week, the prime minister said that the reasoning for an increase in electricity tariffs must be clearly explained and justified in order to […]
Read MoreLaos ranks third-fastest among ASEAN countries in terms of 4G download speed of mobile internet data and 52nd among 100 global economies. A report released this week by OpenSignal, a British company that measures mobile user experience globally, says Laos’ average 4G download speed is 17.1 Mpbs, faster than other ASEAN countries excepting Singapore and Vietnam. According to […]
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