VIENTIANE, Oct. 28 (Xinhua) — Boten Special Economic Zone (SEZ) in northern Laos bordering China is anticipating investment of at least 10 billion U.S. dollars to fully develop the site, according to a zone representative. The zone, some 390 km north of Lao capital Vientiane, borders on Mohan in Yunnan province, China, and is part […]
Read MoreThe growth rate of factories in Laos is continuing at a moderate pace despite the government improving its policies and regulations to attract investors. The number of factories has grown by just five per cent annually, according to statistics collected by the Department of Industry and Handicrafts under the Ministry of Industry and Commerce. Laos […]
Read MoreVIENTIANE (Vientiane Times/ANN) – The growth rate of factories in Laos is continuing to moderate despite the government improving its policies and regulations to attract investors. The number of factories has grown by just 5 percent annually, according to statistics collected by the Department of Industry and Handicrafts under the Ministry of Industry and Commerce. […]
Read MoreThe Lao Securities Exchange (LSX) has launched the trading of the shares of Lao Asean Leasing Public Company (LALCO), marking the 11th company registered on the bourse. LALCO’s main business is to provide a credit line for individual and corporate customers to buy motorcycles and cars. The company currently operates branches in seven provinces, namely […]
Read MoreLaos has slipped down to a ranking of 113rd out of 141 surveyed countries in the annual Global Competitiveness Report 2019, while several neighboring countries, including Vietnam, climbed up on the list thanks to improvements in economic and business activities. The report, which is compiled by the World Economic Forum, contains the Global Competitiveness Index that […]
Read MoreBanque pour le Commerce Exterieur Lao Public (BCEL) and EV Lao Company have teamed up to launch a smart card system for the payment of charging costs for electric vehicles. The proposed smart card would link BCEL’s smart card system and EV Lao’s EVBox charging system, Vientiane Times reported. BCEL began offering fee and bill […]
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