The Macroeconomics Research Institute (MRI) recently conducted a survey to identify the main obstacles businesses are facing in Laos. According to the survey results, the main obstacles identified were the high cost of production, the depreciation of the Lao KIP, and difficulties with recruitment. While the survey did show some improvement in hiring efforts, it […]
Read MoreLaos-China Railway will extend its passenger services on the international route to China from Vientiane to Kunming and return starting next month. Deputy Chief Engineer at Lao-China Railway Company, Mr. Vongthong Souphanthong, has said that the Laos-China Railway Company will open international services from Vientiane to Kunming, China, and back in mid-April 2023. Laos-China Railway […]
Read MoreThe Ministry of Agriculture and Forestry has announced the suspension of pork importation from Thailand and Vietnam amid the outbreak of African Swine Fever (ASF) in the two countries. The notice issued by the ministry states that the Department of Livestock and Fisheries prohibits the importation of pork, including live pigs and processed products from Thailand and […]
Read MoreLao and Thai companies have signed a deal to facilitate the shipment of freight by rail between Thailand, Laos and China, creating an improved transport platform to boost regional trade. Under the tripartite Memorandum of Understanding (MOU) signed in Vientiane last week, the parties will work together to ease cargo shipment via the Laos-Thailand and […]
Read MoreThe city of Pakse will construct new walking streets and night markets in the town center by mid-2023 to attract more domestic and international visitors. The first round of construction comprising walking streets and night markets will be along the main road near Wat Luang temple on the SeDon river’s banks and Souphanouvong Bridge. KPL reports that […]
Read MoreLaos has imposed price controls on 23 basic necessities such as pork, rice and natural gas to try to rein in inflation that has surged above 40 percent – controls authorities aim to enforce through fines or even jail time. But the price limits are making it hard for some merchants to make money. One […]
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Thailand
