Nearly 200 megawatts (MW)of electricity from Dan Sahong Dam in Laos was linked to Cambodia’s national grid yesterday after the dam finished tests on four electricity generators. The power linking was made between interim transmitters in Laos and transmitters in Cambodia’s Stung Treng province. The official importation is scheduled to be brought in the first […]
Read MoreThe Lao government has renewed efforts to reduce administrative barriers in the import and export of goods, hoping to improve the business climate, under a new prime minister’s order. The order, which was uploaded on the Official Gazette website last week, also aims to make it easier for local and international traders to transport their […]
Read More[HANOI] Vietnam’s electricity firm EVN has signed five new deals to buy electricity from Laos starting from next year, the state-run company said. The south-east Asian nation faces severe power shortages from 2021, as demand outpaces construction of new plants, with demand expected to exceed supply by 6.6 billion kilowatt hours (kWh) in 2021, and […]
Read MoreThe Bank of the Lao PDR (BOL) is gathering information on commercial banks as it expects to allocate credit for small and medium-sized enterprises (SMEs). Twelve commercial banks involved in the government’s SME promotion project will receive loans totalling $300 million from the China Development Bank (CDB). Governor of the Bank of the Lao PDR […]
Read MoreVIENTIANE (Vientiane Times/ANN) – The government will focus on encouraging Lao travellers to holiday within the country next year to boost domestic tourism in line with the national socio-economic development plan. On top of this, the government expects to attract about 4.7 million international visitors in 2020 and generate revenue of more than USD900 million. […]
Read MoreThe government is holding a special meeting to establish common ground among state agencies about ways to ensure effective implementation of the national development plan for 2020. Prime Minister Thongloun Sisoulith presided over the opening of the two-day open government meeting at the National Convention Centre, which is scheduled to end today. Cabinet members, the […]
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Thailand
