Laos is likely to enjoy a trade surplus of about $121 million for the first six months of this year, even as the government is predicting an overall trade deficit of around $259 million for this year. Projected exports for the first six months of this year are $2.409 billion or 55.2 per cent of […]
Read MoreThailand’s largest convenience-store operator CP All Plc released a report to the Stock Exchange of Thailand (SET) on Monday on its negotiations for a Master Franchise agreement in relation to the establishment and operation of 7-Eleven stores in Cambodia and the Lao People’s Democratic Republic. The company said the contractual parties are in the process […]
Read MorePrime Minister Thongloun Sisoulith has called for the business sector to get more involved in rural development and poverty reduction to help achieve its development goals. Speaking at a gathering arranged to push for more national patriotic and development activities in the capital on Friday, the PM highlighted the significant role of private enterprises to […]
Read MoreThailand and Laos have sealed an agreement to upgrade a road and build a rail extension worth over 3 billion baht to boost cross-border economic cooperation, according to the Neighbouring Countries Economic Development Cooperation Agency (Neda). Neda vice-president Perames Vudthitornetiraks said the agreement was signed over the weekend in Vientiane for two projects, one of […]
Read MoreThe government has agreed to lower the cost of electricity in a move to create more incentives for boosting investment and productivity while improving the livelihoods of low-income earners. The agreement was reached at a meeting of cabinet members, provincial governors and the Vientiane Mayor held in the capital this week. The Minister of Energy […]
Read MoreCompanies from Asia, Asean states and Europe are eyeing markets for their products in Laos, which is witnessing strong demand. Despite being a small market in the Asean region with a population of 6.8 million, Laos is an attractive destination for manufacturers from China, Japan, South Korea, Singapore, Malaysia, Thailand, Germany and Italy. They are […]
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