While domestic travel is on the rise following government efforts to reduce the impact of the Covid-19 pandemic on tourism-related businesses, the upturn is unlikely to offset the complete absence of foreign tourists. President of the Lao National Chamber of Commerce and Industry, Mr Oudeth Souvannavong, told Vientiane Times on Monday the slump in tourism was not […]
Read More7-Eleven has signed a master franchise agreement with CP ALL Laos, a subsidiary of Thailand’s CP ALL Public Company, to operate 7-Eleven stores within Laos. The first 7-Eleven convenience store is expected to open in Vientiane Capital in 2022. CP ALL has held the licensing agreement for the 7-Eleven brand in its home country of Thailand […]
Read MoreLaos and Japan have agreed to partially reopen travel with one another, allowing long-term residents to travel between the two countries as early as September, according to a recent Kyodo News report. However, the expatriates need to pursue all health guidelines, including staying in quarantine for 14 days after entering their respective countries in a […]
Read MoreDepartment of Rural Development and Cooperatives, under Ministry of Agriculture and Forestry on Monday, shared a brainstorming session with experts from China, Japan, Thailand, and Vietnam looking at improving policies to support Lao cooperatives, farmers and socio-economic development. The ‘Brainstorming Meeting on the Draft Decree on Groups and Cooperatives’ video conference aimed to summarise lessons […]
Read MoreThe government cabinet has instructed authorities to tighten border crossings to prevent illegal entry via non-checkpoints in an attempt to avert the spread of Covid-19. The cabinet gave the instruction at its monthly meeting for August that ended on Friday amid the increased risk of a second wave of the pandemic. Chaired by Prime Minister […]
Read MoreAn elevated fiscal deficit will result in growing public debt, which will ramp up pressure on the country’s debt servicing capacity amid the Covid-19 crisis. The government has estimated the budget deficit will rise from 6.69 trillion kip, equal to 3.7 percent of the country’s gross domestic product (GDP), to 10.3 trillion kip (5.7 percent […]
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Thailand
