Growth in the CLMV (Cambodia, Laos, Myanmar, Vietnam) bloc will likely moderate to 6-7 per cent in 2020 as headwinds from prolonged trade uncertainties and growth deceleration in major economies affect economic prospects through slowing exports and tourist arrivals, according to Siam Commercial Bank’s Economic Intelligence Centre. However, adaptive regional production will partially benefit the […]
Read MoreRepresentatives of the public and private sectors from Laos and Japan met in Vientiane on Monday to discuss addressing constraints for Japanese firms doing business in Laos. They met for the 13th annual meeting of the Lao-Japan Public and Private Sectors Joint Dialogue, aiming to boost investment from the land of the rising sun. The […]
Read MoreThe Hanoitimes – Vietnam agrees to purchase 1,200 megawatts of electricity from Laos in 2020, exceeding the original plan of 1,000 megawatts, and 5,000 megawatts until 2030. Vietnamese enterprises remain Laos’ third largest investor with 413 projects worth US$4.22 billion to date, according to Prime Minister Nguyen Xuan Phuc. Major Vietnamese projects with positive results in […]
Read MoreLaos is poised to amend the law on securities in a bid to create more favorable conditions for state and private business units to mobilize funds from the securities market. It is not 100 percent clear which kind of changes would be made, but the proposal of amendment is subject for the National Assembly’s consideration […]
Read MoreBangkok-based startup Infofed has received JPY 5 million ($45,700) from Japanese gaming media company GameWith, with a plan to expand in several Southeast Asian countries, including Laos. Founded in 2015, Infofed provides a one-stop solution for game providers, consumer brands, and esports communities through its online and offline platforms. The company operates eArena, an online platform for professional […]
Read MoreGreater Mekong Subregion (GMS) countries have agreed to boost tourism cooperation, including improving infrastructure and marketing techniques and developing human resources. During the 44th GMS Tourism Working Group Meeting, held last week in Siem Reap, the six countries that form GMS signed an agreement to strengthen cooperation in tourism and attract more tourists to each […]
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